Answer:
An Accumulation Option is the answer.
Explanation:
This policy feature of permanent life insurance helps in earning more interest by reinvesting dividends back into the policy. These types of insurance earns dividends for their policyholders each year. The prices differ as the insurance company performs better.
Accumulation options are one of the finite options policyholders have to use their dividends in more profitable ways.
Cash option, accumulation interest is granted, reduction in the amount of payments in policy, etc are some of the benefits of an accumulation option.
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