Adrien purchased a $100,000 participating whole life policy with annual premiums of $1,380. Unfortunately, he died halfway through the policy year but had already paid the annual premium. At the time of his death, he had an outstanding cash-value loan of $5000, and earned but unpaid dividends of $4000. What would the death benefit be?

a) $100,000 

b) $95.000 

c) $99,690 

d) $104,690

Answer rating: 100% (QA)

Loan taken on the policy is a... View the full answer