MCQOPTIONS
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| 1. |
Which of the below is correct with regards to universal life insurance?I: It allows policy owner to vary payments.II: Policy owner can earn market based rate of return on cash value |
| A. | is true |
| B. | I is true |
| C. | and II are true |
| D. | and II are false |
| Answer» D. and II are false | |