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MISSOURI LIFE AND HEALTH INSURANCE

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MISSOURI LIFE AND HEALTH INSURANCE The basic characteristics of a variable life policy are - ANS-Fix premiums, a guaranteed minimum death benefit which fluctuates over the minimum, and cash values which fluctuate and are not guaranteed. Variable universal life - ANS-Is a type of life insurance that build cash value. It combines all the characteristics of a universal life and variable life policy the variable component in the name refers to the ability to invest in separate accounts w...

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  • Exam (elaborations)
  •  • 6 pages • 
  • by joycewanjiku0036 • 
  • uploaded  12-03-2024
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