Variable life insurance
A)combines life insurance with a tax-deferred annuity.
B)provides a minimum death benefit that increases subject to investment performance.
C)can be converted to a stream of income.
D)All of the options are correct.

Question

Quizplus · Accepted Answer

Variable life insurance combines life insurance with a tax-deferred annuity and provides a minimum death benefit that increases subject to investment performance. It can also be converted to a stream of income. Therefore, all options are correct.

Variable Life Insurance