Advantages of Selecting the Paid-Up Additions Dividend Option in a Life

Multiple Choice

Advantages of selecting the paid-up additions dividend option in a life insurance policy include which of the following?
I.Evidence of insurability is not required to purchase additional insurance.
II.The additions are purchased at net rates without a loading for expenses.

A) I only
B) II only
C) both I and II
D) neither I nor II