Question

Jennifer made an additional premium payment on her Adjustable Life policy. Which of the following is not a way that her policy is affected by this payment?

A) Increased cash value

B) Increased death benefit

C) Shortened maturity period

D) Decreased premium flexibility

Answer 1

Making an additional premium payment on Jennifer's Adjustable Life policy does not affect the premium flexibility.

Step-by-step explanation:

When Jennifer made an additional premium payment on her Adjustable Life policy, it would not affect the premium flexibility of her policy. Premium flexibility refers to the ability to change the premium amount or payment frequency. Since Jennifer made an additional payment, this indicates that she is making an extra payment on top of the regular premium, which does not impact the flexibility of the premium.