Which of the Following Is Not Characteristic of Universal Life

question 37

Multiple Choice

Which of the following is not characteristic of universal life insurance?

• A)flexible premiums
• B)choice of how the accumulation account is invested
• C)Option A level death benefit
• D)Option B stated coverage plus accumulated cash value
• E)separate identification of death protection and savings portions

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Definitions:

Incidence

The frequency or rate at which new cases of a condition, disease, or event occur in a specific population over a certain period.

Boomerang Kids

Young adults who move back into their parents’ homes after an initial period of independent living.

Attention Deficit

A disorder characterized by patterns of inattention, impulsiveness, and sometimes hyperactivity that interfere with functioning or development.

Hyperactivity Disorder

A condition characterized by excessive restlessness and activity, often diagnosed as Attention Deficit Hyperactivity Disorder (ADHD).