5 Pony 5. Tom is applying for a participating whole life insurance policy. He is interested in both maximum insurance protection and savings accumulation. Which of the dividend options best achieves his objectives and why? (A) The premium reduction dividend option, because he will be able to invest the amount of premiums saved in other investment products. (B) The paid-up additions option, because he can acquire additional life insurance that carries a cash value. (C) The accumulation at interest option, because the dividends will be added to an account within the policy to accumulate at interest. (D) The segregated funds purchase option, because he will be able to earn better than average returns on his investment I 6. Steve is trying to decide which death benefit option he should select for his new universal life insurance policy. He is considering how much each alternative option might cost him for the insurance Focus o BI