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The Term "Variable" in a Variable Life Policy Refers to the

Question 24

Multiple Choice

The term "variable" in a variable life policy refers to the


A) policyholder's ability to vary the premiums.
B) insurer's ability to vary the rate of return on the policy.
C) variable growth rate of the cash value of the policy.
D) insurer's ability to vary the premiums.
E) the policyholder's ability to cancel the plan.

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