Pat owns a 20-pay life policy with a paid-up dividend option. Which of the following statements is true?A) The policy may be paid up early by using accumulated cash values B) The policy may be paid up early by using policy dividends C) The policy's premiums will increase after 20 years D) The policy's cash values steadily decrease after 20 years
A) The policy may be paid up early by using accumulated cash values
B) The policy may be paid up early by using policy dividends
C) The policy's premiums will increase after 20 years
D) The policy's cash values steadily decrease after 20 years
Ans: B) The policy may be paid up early by using policy dividends
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