Both universal life and variable life insurance allow policyholders to direct the investment component of their policies. True or false?

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Both universal life and variable life insurance allow policyholders to direct the investment component of their policies. TRUE.

Expert answered|Smartgirl09|Points 0|

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Asked 9/2/2010 11:37:40 AM

Updated 3/23/2020 6:44:23 PM

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Edited by Masamune [3/23/2020 6:44:22 PM], Confirmed by Masamune [3/23/2020 6:44:23 PM]

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If your taxable income falls in the lowest tax bracket: all your taxable income is taxed at the same rate.

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A disadvantage of the income-multiple method to determining how much life insurance is needed is its complexity. True or false?

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Updated 241 days ago|9/14/2024 12:27:51 AM

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A term life insurance policy that can be extended for another term without the insured taking a medical exam has: (a) convertibility. (b) decreasing protection. (c) permanent life protection. (d) guaranteed renewability

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Updated 241 days ago|9/14/2024 12:24:00 AM

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A term life insurance policy that can be extended for another term without the insured taking a medical exam has: guaranteed renewability.

Added 241 days ago|9/14/2024 12:23:57 AM

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Without which of the following might insurers be tempted to do very limited investigations before issuing a policy? (a) A convertibility clause. (b) Guaranteed renewability. (c) An incontestable clause. (d) A nonforfeiture clause.

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Updated 6/16/2023 4:07:49 PM

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Without an incontestable clause, insurers might be tempted to conduct very limited investigations before issuing a policy.

Added 6/16/2023 4:07:15 PM

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