Some policies offer the policyholder the opportunity to purchase additional insurance when they get married, or have children. What is the factor that determines the rate of the additional coverage?

Insurance

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Some policies offer the policyholder the opportunity to purchase additional insurance when they get married, or have children. What is the factor that determines the rate of the additional coverage?

a. The initial date of the policy

b. The attained age of the insured when the additional insurance is purchased

c. The exclusion of a waiver of premium rider

d. The reason for wanting the additional insurance

Answer: b. The attained age of the insured when the additional insurance is purchased

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