Florida Life and Health Insurance License Practice Test 2026 - Free Insurance Practice Questions and Study Guide

Question: 1 / 400

What type of life insurance offers flexible premiums and an adjustable death benefit?

Term Life

Whole Life

Universal Life

Universal Life insurance offers flexible premiums and an adjustable death benefit. Term Life insurance only provides coverage for a set amount of time and does not have adjustable features. Whole Life insurance typically has fixed premiums and a set death benefit. Variable Life insurance offers investment options but does not allow for flexibility in premiums. Therefore, Universal Life is the only option that fits the given criteria.

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Variable Life

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