American_Bankers_Association
CTFA · Question #361
A universal life insurance provides two types of death protections, i.e. Type A and B. As with any insurance policy, universal life insurance has its own pros and cons. There are two principle…
The correct answer is B. Flexibility and savings feature. See the full explanation below for the reasoning.
Investment Management
Question
A universal life insurance provides two types of death protections, i.e. Type A and B. As with any insurance policy, universal life insurance has its own pros and cons. There are two principle advantages. Which of the followings is/are out of those advantages?
Options
- AFlexibility
- BFlexibility and savings feature
- CFlexibility and variability
- DVariability and savings feature
How the community answered
(18 responses)- A17% (3)
- B72% (13)
- C6% (1)
- D6% (1)
Topics
#universal life insurance#flexibility#savings feature#insurance advantages
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