Advantages of Selecting the Paid-Up Additions Dividend Option in a Life

question 59

Multiple Choice

Advantages of selecting the paid-up additions dividend option in a life insurance policy include which of the following?
I.Evidence of insurability is not required to purchase additional insurance.
II.The additions are purchased at net rates without a loading for expenses.

• A)I only
• B)II only
• C)both I and II
• D)neither I nor II

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Definitions:

Protein Group

A categorization of foods rich in proteins, essential for body growth, repair, and maintenance.

Coconut Oil

A plant-based oil extracted from the meat of coconuts, used in cooking, skincare, and health products, noted for its high saturated fat content.

Mediterranean Diet

A dietary pattern inspired by the traditional eating habits of people from the Mediterranean region, known for its emphasis on fruits, vegetables, whole grains, olive oil, and fish.

Lactose Intolerance

A condition in which the body cannot easily digest lactose, a type of sugar found in milk and dairy products.