Answered

An adjustable life policy can assume the form of:

A. Only permanent insurance.
B. Neither term insurance nor permanent insurance.
C. Only term insurance.
D. Either term insurance or permanent insurance.



Answer :

GinnyAnswer

Final answer:

An adjustable life policy can take the form of either term insurance or permanent insurance, providing flexibility for policyholders.


Explanation:

Adjustable life policy can assume the form of either term insurance or permanent insurance. An adjustable life policy allows policyholders to change their coverage as needed, such as adjusting the death benefit or premium payments.


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