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17. Nicole, a single mother of three children, purchased a $200,000 whole life insurance policy. She would also like to take out life insurance
17. Nicole, a single mother of three children, purchased a $200,000 whole life insurance policy. She would also like to take out life insurance coverage for each child until age 20, after which she would like them to continue their coverage. What is the best way for Nicole to achieve her objective? 0 0 Purchase renewable term life insurance for each child without an increase in premiums. 0 Add a child coverage rider to her policy with the option of converting the coverage to individual permanent life insurance, without proof of insurability. Add a term life insurance rider to her policy. O Add a paid-up additions rider to her policy.
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