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IIA Exam IIA-CFSA Topic 3 Question 66 Discussion

Actual exam question for IIA's IIA-CFSA exam
Question #: 66
Topic #: 3
[All IIA-CFSA Questions]

Which premium life insurance is flexible enough under which policy holder may change the

death benefit from time to time?

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Suggested Answer: D

by Jerry at Oct 19, 2024, 09:29 AM

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Margurite
2 months ago
I'm feeling like a universal genius over here! B) Universal life insurance, all the way. Flexibility is key, and that's what this policy offers. Time to flex those insurance muscles!
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Shenika
2 months ago
Haha, this is a no-brainer! Universal life insurance is the only one that lets you play around with the death benefit. The other options are like wearing a straightjacket for your policy.
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Kirk
1 months ago
Yeah, it's like having more control over your policy with universal life insurance.
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Larae
1 months ago
I didn't realize how limited the other options are compared to universal life insurance.
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Yoko
1 months ago
I agree, with universal life insurance you can adjust the death benefit as needed.
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Melissa
1 months ago
Universal life insurance is definitely the way to go if you want flexibility.
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Willow
2 months ago
Hmm, let me think about this... Ah, got it! B) Universal life insurance. Changing the death benefit? That's the only option that makes sense here.
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Lauryn
2 months ago
Universal life insurance is the way to go! I mean, who wants to be stuck with a fixed death benefit, am I right? Gotta have that flexibility, you know?
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Gregoria
1 months ago
D) Straight life insurance
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Alpha
1 months ago
C) Term life insurance
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Brendan
1 months ago
B) Universal life insurance
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Bernardine
1 months ago
I prefer Universal life insurance because you can adjust the death benefit as needed.
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Kandis
2 months ago
A) Variable life insurance
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Lorrie
2 months ago
I think Variable life insurance also offers some flexibility with changing the death benefit.
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Omer
2 months ago
I agree, Universal life insurance is definitely the best option for flexibility.
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Aleta
3 months ago
Whoa, this is a tricky one! I think the answer is B) Universal life insurance. That's the only one where you can adjust the death benefit as needed.
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Maurine
1 months ago
D) Straight life insurance also has a fixed death benefit, so it's not the right choice for changing needs.
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Reena
2 months ago
C) Term life insurance has a fixed death benefit for a specific term, so it's not as flexible.
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Milly
2 months ago
I think you're right, A) Variable life insurance doesn't offer the same level of flexibility.
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Elvera
3 months ago
I agree, B) Universal life insurance allows for flexibility in adjusting the death benefit.
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Ozell
3 months ago
I'm not sure, but I think A) Variable life insurance also offers flexibility in changing the death benefit.
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Gilberto
3 months ago
I agree with Edison. Universal life insurance allows for flexibility in changing the death benefit.
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Edison
4 months ago
I think the answer is B) Universal life insurance.
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