Which of the following is a key feature of current assumption whole life policies?

Current assumption whole life policies are designed with flexibility in mind, particularly in relation to their premiums, which can vary based on the insurer's assumptions about future interest rates, mortality rates, and expenses. This means that the premiums for these policies are not strictly fixed; instead, they can be adjusted according to the economic environment and the company's performance, providing a potentially more adaptable approach to premium payments than traditional whole life policies.

The feature of flexible premium payments allows policyholders to respond to changes in their financial situation or market conditions, which can make these policies appealing to individuals who seek a balance between cost and protection. This flexibility stands in contrast to other life insurance models where premiums are more rigid and less responsive to economic changes.