Advantages of selecting the paid-up additions dividend option in a lif

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

ANSWER

Answer: C