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Insurance License Texas Life and Health

?

Variable Whole Life Insurance can be described as

both an insurance and securities product
an insurance product only
a securities product only
the insurance company assumes the investment risk

Correct - Your answer is correct.

Wrong - Your answer is wrong.

Detailed Answer

Correct answer: (A)
The correct answer is "both an insurance and securities product". Variable Whole Life Insurance is both an insurance and securities product.

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