LLQP Exam Dumps | Elizabeth has a universal life policy and has been diligent in funding it over the last several years.

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Question 66/126

Elizabeth has a universal life policy and has been diligent in funding it over the last several years. As a part of this, the investment account within the policy has done quite well. Elizabeth met with her financial advisor as she would like a refresher on the benefits of the accumulating fund, as it has been a while since they last discussed this; flexibility with and access to cash flow are important to her as she would like to use this as part of her retirement planning in the future.
What benefits of the accumulating account apply to Elizabeth's situation?

A. 3 and 4

B. 1 and 2

C. 1, 3 and 4

D. 1, 2 and 3

Correct Answer: D

Comprehensive and Detailed Explanation From Exact Extract:
Universal Life policies offer flexible features including:
* Withdrawalsfrom accumulated funds.
* Premium offsetsusing account value.
Reference: Insurance Study Guides Chinese.pdf, Universal Life Features and Cash Access

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