IIA
IIA-CFSA · Question #398
In variable universal life (VUL) policies the maximum premium standard set was:
The correct answer is A. To define a maximum cash value per death benefit and to define a maximum premium for a given. See the full explanation below for the reasoning.
Question
In variable universal life (VUL) policies the maximum premium standard set was:
Options
- ATo define a maximum cash value per death benefit and to define a maximum premium for a given
- BTo define a minimum cash value per death benefit and to define a moderate premium for a given
- CTo define a maximum cash value per death benefit and to define a moderate premium for a given
- DNone of these
How the community answered
(20 responses)- A80% (16)
- B10% (2)
- C5% (1)
- D5% (1)
Community Discussion
No community discussion yet for this question.