Which type of insurance product gives policyholders a fixed death benefit and a selection of investment alternatives? a. term b. variable life c. universal life d. whole life

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Torsten Scholz · Answer 1 · 2021-04-21T17:12:39+0000

Answer:

b. variable life

Step-by-step explanation:

Variable life insurance pays a premium in case the insured dies (that is a guaranteed benefit), but it also allows the beneficiary to invest a portion of the proceeds in different types of investments. These investments may include stocks, mutual funds, bonds, etc., that eventually grow and increase in value.

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Which type of insurance product gives policyholders a fixed death benefit and a selection of investment alternatives? a. term b. variable life c. universal life d. whole life

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