Which of the following statements about variable universal life insurance is (are) true?
I Variable universal life insurance has fixed premium payments.
II. Variable universal life insurance allows the policyowner to decide where the premiums are invested.
A) I only
B) II only
C) both I and II
D) neither I nor II
Question 2
Which statement is true concerning the economic problem of premature death in the United States?
I. The economic impact of premature death of the breadwinner varies for different types of families.
II. Increased life expectancy has increased the economic problem of premature death over time.
A) I only
B) II only
C) both I and II
D) neither I nor II
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