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Variable universal life insurance policies offer policy owners which of the following characteristics? I. An annually adjusted rate of return based on the earnings of
Variable universal life insurance policies offer policy owners which of the following characteristics?
I. An annually adjusted rate of return based on the earnings of the insurance company.
II. Guaranteed death benefit.
III. Guaranteed cash value.
IV. Flexible premium.
Question options:
| II and III only |
| II, III, and IV only |
| IV only |
| I and IV only |
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