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2 pts D Question 11 Judy has a $100.000 life insurance policy on her life with a cash value of $12.000. During 2020, the cash value increased by $1,250 and the policy camed a dividend of 5550. What amount of taxable income, related to the life insurance policy, must Judy report on her income tax return for 20207 Assume no withdrawals of cash value have been made and the dividend was used to purchase paid up additional insurance. $1,800 OSO O $1.250 5550 2 pts Question 13 In which of the following situations would a traditional whole life insurance policy be most appropriate? To provide a death benefit for long term needs such as the need to guarantee a life income for a surviving spouse When the policyowner desires maximum flexibility in modifying the premium payments and death benefit depending upon ile circumstances When the policyowner desires to control the investments within the cash value of the policy To provide a death benefit only if death should occur within a short period of time after purchase of the policy Question 17 Which life insurance policy cash value is based on the policy's investment performance? O Whole Life Term O Variable O Universal