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What Additional Flexibilities Are Provided by Variable and Universal Life

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What additional flexibilities are provided by variable and universal life as compared to a standard whole life or endowment policy?


Definitions:

Hormonal Stress Theory

The theory that stress increases the secretion of certain hormones, which can affect physiological and psychological states.

Cross-Sectional Study

A research method that involves analyzing data collected from a population, or a representative subset, at a specific point in time.

Longitudinal Study

A research design where the same subjects are observed or tested repeatedly over a period of time, allowing for the examination of changes and continuities.

Distinction

A difference or contrast between similar things or people.

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