Are you having trouble answering the question “Why was variable life insurance created?”? You don’t have to worry about it anymore. Azanswer team is here with the correct answer to your question.
Why was variable life insurance created?
A) To help offset the effects of inflation on death benefits.
B) To allow the owner to pay a varying amount as the premium.
C) To allow for less expensive premiums.
D) To eliminate the need for whole life insurance.
Answer: A) To help offset the effects of inflation on death benefits.
You should now have gotten the answer to your question “Why was variable life insurance created?”, which was part of Insurance MCQs & Answers. Thanks for choosing us.
