Question

The death benefit of a variable life policy:

A. Is never guaranteed
B. May go up or down but will never fall below the face amount of the policy
C. Is totally at risk
D. Always remains level

Answer 1

Answer: Option (B) is correct

Step-by-step explanation:

Variable life insurance is type of permanent policy that provided guaranteed death benefits to the beneficiaries for the requirements of the insured person.It is considered as good investment as it is for lifetime if the premium is paid at regular basis.The benefit in this policy can increase or decrease but it can never reach the point below amount to be paid to insured.

Other options are incorrect because the status of policy 's amount to be paid after death of the insured person is certain ans sure. It is not risky and can face a change in level of amount.Thus, the correct option option(B).