In a Typical Variable Life Policy the Policyholder May Vary

question 43

True/False

In a typical variable life policy the policyholder may vary the premium payments and the maturity date of the policy.

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Definitions:

Lawsuit

A legal action brought in court by one party against another for the enforcement of a right or the redress of a grievance.

Pleadings

Written statements filed with a court by parties in a legal dispute, detailing the claims, defenses, and other legal arguments.

Complaint

A formal legal document filed in a court by a party alleging harm or wrongdoing by another party, and seeking legal redress or relief.

Summons

A legal document issued by a court or a government official that orders an individual to appear in court.