[Solved] Choose the Correct Statement.

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Q.	Choose the Correct Statement.
A.	In Variable Life Assurance, the Monthly or Yearly Premiums can vary, as per the Perference of the Insured.
B.	Variable Life Assurance is a Permanent Life Assurance.
C.	In a Variable Life Assurance Policy, the Investment-Risk is Borne by the Insurer.
D.	The Policy provides Fixed Guaranteed Returns, which are Specified at the Beginning, it-self.
Answer» B. Variable Life Assurance is a Permanent Life Assurance.

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Insurance Exam (LIFE)

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