IIA
IIA-CFSA · Question #215
Universal life policies are a form of permanent life insurance that has flexible premiums, flexible face amounts, and separate pricing for the three major pricing categories. Which of the following…
The correct answer is D. All of these. See the full explanation below for the reasoning.
Question
Universal life policies are a form of permanent life insurance that has flexible premiums, flexible face amounts, and separate pricing for the three major pricing categories. Which of the following is/are out of those categories?
Options
- AMortality charges based on the insurer's risk classification
- BInternet rate paid on the cash value
- CExpenses associated with administering the policy
- DAll of these
How the community answered
(34 responses)- A15% (5)
- B9% (3)
- C3% (1)
- D74% (25)
Community Discussion
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