Question

"All of these are valid options for an Adjustable Life Policy EXCEPT

A. The policy's premium can be increased or decreased
B. The policy's death benefit can be increased or decreased
C. The policy's protection period can be modified"

Answer 1

All of the options mentioned in the question are valid options for an Adjustable Life Policy.

Step-by-step explanation:

An Adjustable Life Policy is a type of life insurance policy where the policyholder has the ability to adjust certain aspects of the policy, such as the premium, death benefit, and protection period. The options mentioned in the question - A. The policy's premium can be increased or decreased, B. The policy's death benefit can be increased or decreased, and C. The policy's protection period can be modified - are all valid options for an Adjustable Life Policy. Therefore, the correct answer is None of these options are invalid for an Adjustable Life Policy.