Chapter 6 Flashcards
1
Q
UL policies credit interest to the cash value account
A
each month.
2
Q
Adjustable life has adjustable features, but it offers
A
guarantees.
3
Q
Term vs. WL comparisons do NOT use
A
interest-adjusted indexes mandated by regulators.
4
Q
In a UL policy, the target premium may NOT be enough to
A
support the policy.
