English, asked by joyalmtdy, 1 month ago

variable insurance policy can be offered​

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Answered by babuminz7069
1

Answer:

Variable life insurance is a permanent life insurance policy with an investment component. The policy has a cash-value account, which is invested in a number of sub-accounts available in the policy. A sub-account acts similar to a mutual fund, except it's only available within a variable life insurance policy.

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