Question

What is one of the advantages of cash value life insurance contracts?

a.

They offer the highest possible returns on investment.

b.

They provide the insured with a minimum guaranteed rate of return.

c.

They allow policyholders to avoid paying regular premiums.

d.

They do not involve any financial risks.

Answer: (b).They provide the insured with a minimum guaranteed rate of return. Explanation:One of the advantages of cash value life insurance contracts is that they provide the insured with a minimum guaranteed rate of return. This can offer a level of financial security and stability for the policyholder.

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Q. What is one of the advantages of cash value life insurance contracts?

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