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Which of the following statements about variable life insurance is true? Question 9 options: Premium payments are flexible. The policyowner has the option of investing

Which of the following statements about variable life insurance is true?

Question

9

options:

Premium payments are flexible.

The policyowner has the option of investing the cash value in several investment accounts.

The cash surrender value of the policy is guaranteed.

The death benefit cannot be higher or lower than a guaranteed, specified, value.

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