2

Which of the following is an example of a limited-pay life policy?

ALife Paid-up at Age 65

An insured purchased a Life Insurance policy. The agent told him that depending upon the company's investments and expense factors, the cash values could change from those shown in the policy at issue time. The policy is a/an

Interest-sensitive Whole Life.

Its premium steadily decreases over time, in response to its growing cash value.

Its premium steadily decreases over time, in response to its growing cash value.

Which of the following statements is correct regarding a whole life policy? b

The policyowner is entitled to policy loans.

Which of the following products requires a securities license?

Variable annuity

Which of the following types of policies allows the policyowner to skip premium payments, provided that there is enough cash value in the policy to cover the premium amount?

unverisal life