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Part II focuses on the _________ and asks several questions about the ______________
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- Which is true concerning a variable universal life policy?-Policy owner controls where the investments will go and select the amount of the premium payment-Policy owner has no say where the investment won't go back and choose the premium mode-The investment vehicle for this type of policy is held in the insurer's general portfolio-The death benefit can vary but the policy owner has no say in the premium amount paid
- comparative interest rate is the ________________ required on the investment account, so the value of the investment is _________ to the surrender value of the higher premium policy at a specific point