3032. Under Variable life insurance, if the cash value became zero, the policy would _________

Continue
Converted into term ins
Surrender
Terminate
✅ The correct answer is D.
Under Variable life insurance, if the cash value became zero, the policy would Terminate. Variable life insurance is a permanent life insurance product with separate accounts comprised of various instruments and investment funds, such as stocks, bonds, equity funds, money market funds, and bond funds.

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