Question: Fernand purchased a $ 1 0 0 , 0 0 0 whole life insurance policy on his sonJacob when he was born. The policy includes
Fernand purchased a $ whole life insurance policy on his sonJacob when he was born. The policy includes several riders and supplementary benefits. When Jacob turned Fernand assigned ownership of the policy to him. Since then, Jacob was able to increase the amount of coverage on his policy three times despite having high blood pressure and diabetes. He added $ when he got married and $ on the birth of each of his two children.Which rider or supplementary benefit allowed Jacob to increase his insurance?Vile InsurenceFamily coverage rider.Child coverage rider.o Guaranteed insurability benefit rider.O Critical lness benefit.
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