Which of the following determines the cash value of a variable life policy?

A. The policy's guarantees
B. The premium mode
C. The company's general account
D. The performance of the policy portfolio



Answer :

Final answer:

The cash value of a variable life policy is determined by the performance of the policy portfolio, reflecting the investment choices made within the policy.


Explanation:

Cash value of a variable life policy is determined by the performance of the policy portfolio. Variable life insurance policies have a cash value component that is invested in separate accounts chosen by the policyholder. The cash value fluctuates based on the investment performance of these accounts.


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