Question
_____ provides you with death benefits in exchange for a premium, but does not build cash value; _____ generally invests part of the premium in
_____ provides you with death benefits in exchange for a premium, but does not build cash value; _____ generally invests part of the premium in mutual funds, usually offers great diversity (relative to other life insurance options) in the selection of the investments, and provides death benefits and builds cash value based upon the underlying performance of the mutual funds.
Group of answer choices
whole life insurance; universal life insurance
universal life insurance; whole life insurance
whole life insurance; term insurance
term insurance; variable life insurance
variable life insurance; universal life insurance
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