Which of the following is an advantage of variable universal life over traditional universal life from the life insurance company's point of view is: a. They are cheaper and easier to administer b. The investment risk is transferred to the policyowner c. Not as many policy riders are available on variable universal life d. They are easier to get approved by the state and federal regulators e. All of the above are advantages

Which of the following is an advantage of variable universal life over traditional universal life from the life insurance company's point of view is: a. They are cheaper and easier to administer b. The investment risk is transferred to the policyowner c. Not as many policy riders are available on variable universal life d. They are easier to get approved by the state and federal regulators e. All of the above are advantages

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter16: Information, Risk, And Insurance

Section: Chapter Questions

Problem 17RQ: How might adverse selection make it difficult for an insurance market to operate?

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