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20 May, 22:57

Which type of life policy contains a monthly mortality charge as well as self-directed investment choices? joint life adjustable life variable universal life universal life?

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  1. 20 May, 23:33
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    I believe the answer is: Variable Universal Life

    Variable Universal Life is considered as a long-term policy because the clause could only be activated if the policy holder is deceased.

    This type of insurance usually would separate the death policies account with the investment account in order to offer more flexibility for the holder.
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