The life insurance policy that permits both flexible premium payments and cash value investment selection is
A)
variable universal life.
B)
endowment life.
C)
universal life.
D)
modified whole life.
Question 2
An inflation guard endorsement on a homeowner's insurance policy
A)
periodically increases the face amount of dwelling protection to reflect changes market value.
B)
ensures that insurance premiums will not rise faster than the general price level.
C)
ensures that insurance premiums will not rise faster than the average price of a new home.
D)
indexes copayments to the cost of living.
