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Which of these needs is satisfied by adjustable life insurance


Adjustable life insurance is a term and whole life hybrid insurance plan that allows policyholders ... These are the premium, cash value, and death benefit.What Is Adjustable Life... · Understanding Adjustable Life...

Which of the needs is satisfied by adjustable life insurance?

Adjustable life insurance allows policyholders to make changes to their cash value, premiums, and death benefits. It gives policyholders the ability to reformulate their insurance plans based on shifting life events. There is a savings component, known as a cash value account, with adjustable life insurance.

What is an adjustable life insurance policy?

The Bottom Line\n\n Most experts agree that life, health, long-term disability, and auto insurance are the four types of insurance you must have.

Which of the following are the types of needs in insurance?

Universal life insurance is a flexible adjustable life policy, which incorporates annually renewable term insurance with an interest bearing side fund (cash value). The insured may vary the amount and timing of the premium payments to adjust the cash value and/or the death benefit of the policy.


Which requirements are met by variable life insurance? Adjustable life insurance is a mix of term life and whole life insurance that allows policyholders to change policy elements, including the duration of protection, face value, premiums, and premium payment period. Cash value accounts, often known as “cash value” accounts, are a feature of adjustable life insurance plans.




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