Question 2018 of 287 · Texas Life, Accident and Health Agent Exam
Which dividend option uses dividends to buy small amounts of fully paid-up additional insurance?
Exactly one answer is correct.
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Correct answer to question 2018
- A: Paid-up additions
Explanation
Paid-up additions purchase single premium coverage at the insured's attained age, increasing both death benefit and cash value. Dividends are not guaranteed.
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