A Comparison of Variable Life Insurance to a Standard Whole

question 211

Multiple Choice

A comparison of variable life insurance to a standard whole life plan would reveal that

• A) they are essentially identical.
• B) variable life offers only pure insurance but does so at a very low cost, while a standard whole life plan costs more but offers both insurance and a savings plan.
• C) both a standard whole life and variable life insurance offer both life insurance and savings, but variable life invests the savings more aggressively than whole life.
• D) variable life is only available to people who want at least $1 million in coverage-and are willing to pay for it.

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Definitions:

Eye Irrigations

The process of flushing or washing out the eyes with a fluid to remove foreign bodies or chemicals.

Lactated Ringer's

A solution used in intravenous therapy for fluid and electrolyte replenishment, containing sodium, chloride, potassium, calcium, and lactate.

Chemical Splash Injury

An injury caused by the exposure of skin or eyes to hazardous chemicals in liquid form, often requiring immediate medical attention.

Irrigation Fluid

A sterile solution used to cleanse or flush a body part, typically during medical procedures to remove debris or bacteria.