Which information is NOT required for disclosure to variable life policyholders?

Prepare for the Variable Life Licensing Exam. Study with flashcards and multiple-choice questions. Each question offers hints and explanations for better understanding. Equip yourself with the knowledge to succeed in your exam!

In the context of variable life insurance policies, disclosure is an essential aspect that helps policyholders understand their investments. The correct response indicates that the net withdrawal value as of the statement date is not required to be disclosed.

Variable life policies are designed to provide both a death benefit and an investment component, where the cash value can fluctuate based on the performance of the investment options chosen by the policyholder. While transparency is crucial, certain specifics about the policy's performance and value are prioritized in regulatory requirements.

The premiums received and charges levied during the period are important for policyholders to track their contributions and the costs involved, ensuring they can evaluate the sustainability and growth of their investment. Understanding these financial transactions helps policyholders assess the overall performance of their policy.

The basis and frequency for valuing the assets is also necessary to provide clarity on how the investment values are determined and how often they are updated, which is critical for making informed decisions regarding future contributions or adjustments to the investment strategy.

Furthermore, knowing the number of units held during the period is relevant for policyholders, as it directly relates to the investment performance and the total value of their account balance based on market fluctuations.

In summary, while all of the aspects highlighted in the other choices contribute valuable information

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