27. In evaluating universal life policies, the factors that should be considered in assessing costs include

a. The guaranteed interest rate and mortality charges specified in the policy.

b. The interest rates actually being credited to policies.

c. The mortality charges actually being made.

d. The expense loadings charged by the insurer.

e. All of the above.

28. Flexible premiums in a universal life policy allow the consumer to:

a. Change the amount of the premium periodically.

b. Discontinue premiums and resume them at a lower rate.

c. Change the amount of cash value.

d. (a) and (c) only.

e. All of the above.