Mathematics, 12.02.2020 05:50, lashayreed02

Rick is planning on getting married next month. He currently has a $100,000 whole life participating policy. Because he is planning a family, he wants to increase his life insurance while keeping his costs down. Which of the following options would best suit his needs?
Rick can use his dividends to purchase paid-up additions, without adding significantly to his costs. This option fulfills his need for increased coverage in the coming years as he starts his family.
The correct answer is: Rick could use the dividends to purchase paid-up additions. T/F

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Rick is planning on getting married next month. He currently has a $100,000 whole life participating...