Question: Question 3 (1 point) Brigitte purchased a $200,000 universal life policy in 2003 with a minimum premium of $1,300 per year. In 2010, she was

Question 3 (1 point) Brigitte purchased a $200,000 universal life policy in 2003 with a minimum premium of $1,300 per year. In 2010, she was promoted to Vice-President of Finance with a substantial increase in income, a portion of which was put towards increasing the payments on her universal life policy . The cash surrender value of her policy in 2013 was $4.500, whereas by the end of 2016 it had reached $12,400, an increase of 276% What tax rule relating to life insurance is broken by this situation? a) The maximum tax actuarial reserve rule b) The minimum-funded policy rule Od The annual accrual rule D Anti Oump IN RULE

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