Question: The term variable in a variable life policy refers to the policyholder's ability to vary the premiums. insurer's ability to vary the rate of return

The term "variable" in a variable life policy refers to the
policyholder's ability to vary the premiums.
insurer's ability to vary the rate of return on the policy-
variable growth rate of the cash value of the policy.
insurer's ability to vary the premiums.
The term "variable" in a variable life policy

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