Question

All of the following policy elements are not guaranteed in a variable whole life policy, EXCEPT:

a. Value in separate account
b. Accumulation units
d. Cash value

Answer 1

In a variable whole life policy, the cash value is the only policy element that is guaranteed.

Step-by-step explanation:

In a variable whole life policy, all of the following policy elements are not guaranteed, except for the cash value. Value in separate account and accumulation units are not guaranteed in a variable whole life policy.