Skip to content

Insurance Exam Vocabulary Terms

Variable Universal Life

Combines the flexible premium features of universal life with the component of variable life in which excess credited to the cash value of the account depends on investment results of separate accounts. The policyholder selects the accounts into which the premium payments are to be made.

Our Insurance Exam Prep Includes...

  • Insurance Practice Test Questions
  • Insurance Vocabulary Flashcards
  • Study-Mode & Timed-Exam Mode
  • Take Unlimited Tests For 1 Year
  • User-Friendly On All Devices
  • 2020 Rules & Regulations
Reset my Password
OR