Google News
logo
Today General Knowledge(GK)
Under Variable life insurance, if the cash value became zero, the policy would _________
A)
Surrender
B)
Continue
C)
Terminate
D)
Converted into term ins

Correct Answer : Option (C) - Terminate



Under Variable life insurance, if the cash value became zero, the policy would Terminate. Variable life insurance is a permanent life insurance product with separate accounts comprised of various instruments and investment funds, such as stocks, bonds, equity funds, money market funds, and bond funds.

Published On : June 1, 2021
Category : Insurance and Finance
Advertisement