Which of the following best describes option B/option 2 under a universal life policy?

Which of the following best describes option B/option 2 under a universal life policy?



a. The death benefit is the policy face amount or policy cash value, but not both.

b. The death benefit is the policy face amount and the cash value.

c. The death benefit is only the face amount.

d. The death benefit is only the cash value.



Answer: b. The death benefit is the policy face amount and the cash value.

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