Question
35. Theresa works as a pharmacist and has good income. However, her disposable is limited at the moment because she just made few big
35. Theresa works as a pharmacist and has good income. However, her disposable is limited at the moment because she just made few big purchases including a new car and new home. She is meeting with her life insurance agent to purchase an insurance policy. As she has no immediate need at this moment, she wants to apply for a whole life insurance policy with a small coverage and intents to grow her asset through cash value. She also wants to accelerate the speed at which the death benefit and cash value grows because inflation has been high and she believes it will continue to erode her real value of savings. Which additional coverage should she add to her whole life insurance policy to satisfy her need? Guaranteed insurability benefit Paid-up additions Accelerated death benefits Extended term insurance se 1 option
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