Most participating life insurance policies specify that the automatic dividend option is the premium reduction option...

Most participating life insurance policies specify that the automatic dividend option is the

premium reduction option

additional term insurance option

cash dividend option

paid-up additional insurance option

Expert Solution

paid-up additional insurance option

the above will be answer..

this increases the total benefit from insurance when person dies.

jeff jeffy answered 2 years ago

For life insurance policies, some of the premium pays for the cost of the insurance, and...

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Generally, dividends paid on participating life insurance policies decrease as the age of the policy increases...

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What is the difference between Whole Life Insurance and Term life Insurance policies?

life insurance policyholder may borrow the cash value from their life insurance policies. where are life...

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