Universal life is distinguished from whole life insurance in that:

Universal life is distinguished from whole life insurance in that:



A) no withdrawals can be made from the policy's cash value account.

B) partial withdrawals can be taken from the cash value account.

C) policy loans can be taken from the policy.

D) complete withdrawals of the cash value can be taken.



Answer: B) partial withdrawals can be taken from the cash value account.

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