A policy loan provision must be offered by the insurer after three years, allowing the variable life policy contract holder to borrow at least what percentage of cash value?
A) 125%
B) 75%
C) 90%
D) 100%
Answer: B
Investments MCQ
Insurance-Based Products
A policy loan provision must be offered by the insurer after three years, allowing the variable life policy contract holder to borrow at least what percentage of cash value?