If a universal life insurance policy uses "adjustable monthly mortality deduction rates," what does that usually mean? Question 4 options: The rate charged for the insurance element of the contract and deducted from the account value monthly, can be varied by the insurer. The rate charged for the insurance element of the contract and deducted from the account value monthly can be varied by the insurer, without limit. The amount of net premium that the insured may deposit to the policy will

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