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Question 3

A life insurance policy which contains cash values that vary according to its investment performance of
stocks is called
O Increasing Term Life
O Modified Whole Life
Variable Whole Life
Adjustable Whole Life
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User Yamm
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Final answer:

Variable Whole Life is a life insurance policy that includes cash values that vary based on investment performance of stocks.


Step-by-step explanation:

A life insurance policy that contains cash values that vary according to its investment performance of stocks is called Variable Whole Life. This type of policy allows the policyholder to allocate the cash value portion of their premium payments into different investment options, such as stocks, bonds, or mutual funds. The cash value of the policy can increase or decrease based on the performance of these investments.


Learn more about Life insurance policies with cash values tied to stock performance

User Sharmeen
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