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Examveda

In Variable life insurance, the death benefit and cash value of the policy _________ according to the investment performance of a special investment account into which premiums are credited.

A. Went up

B. Went down

C. Remain Fixed

D. Fluctuate

Answer: Option D

Solution(By Examveda Team)

In Variable life insurance, the death benefit and cash value of the policy fluctuate according to the investment performance of a special investment account into which premiums are credited.

This Question Belongs to Commerce >> Insurance

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