Exercise
Match the following kinds of life insurance with their respective definitions
- A. Variable Life Insurance
- B. Whole Life Insurance
- C. Term Life Insurance
- D. Universal Life Insurance
- 1. ___ Policy holder only receives life insurance for a specified period of time.
- 2. ___ Death benefit and cash value fluctuate depending on performance of separate accounts.
- 3. ___ Policy holder is guaranteed a minimum cash val