The investment gains from a Universal Life Policy usually go toward:

A. the death benefit
B. the dividends
C. the cash value
D. paying off a policy loan

Question

04-08-2024
Business

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The investment gains from a Universal Life Policy usually go toward:

A. the death benefit
B. the dividends
C. the cash value
D. paying off a policy loan

Sagot :

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GinnyAnsweridn GinnyAnsweridn · Answer 1 · 2024-08-04T18:03:50-04:00

Final answer:

Cash value in a life insurance policy serves as an account for the policyholder. Investment gains in a Universal Life Policy go towards the cash value.

Explanation:

Cash value in a Universal Life Policy accumulates over time and can function as an account for the policyholder's use. The investment gains from a Universal Life Policy typically go towards the cash value, which is the accumulated amount within the policy that can be accessed by the policyholder.

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Sagot :

Final answer:

Explanation:

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