Sarah has a participating whole-life insurance policy. When the policy pays a dividend, it is used to increase the amount of her death benefit without increasing her premium. What participating dividend options is Sarah using on her policy? a) Paid-up additions b) Dividend reinvestment plan c) Automatic premium reduction d) Accumulation Harvey, age 60 , is expecting a fairly large tax bill on his estate and would like to have some insurance available to help offset those taxes in order to maximize what is passed on to his children. Harvey wants the most affordable option in order to meet this objective. What policy best suits Harvey's objective? a) Universal life b) Term-20 c) Whole life d) Term-100