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Business, 06.05.2021 19:30 aaivey9815

All of the following statements concerning variable life insurance are correct EXCEPT: a. Variable whole life is a type of whole life insurance that has a fixed premium and fluctuating death benefit and cash values b. Variable whole life policies must be regulated by the Securities and Exchange Commission (SEC). c. The owner of a variable universal life policy has the option to invest in a variety of investments d. If the variable universal life policy investment experience is poor, the death benefit amount may be reduced to zero

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