Pauline, age 45, would like to purchase life insurance. She wants a policy that will provide strong protection and build up a cash value. Pauline has a low risk tolerance and is prepared to make fixed scheduled payments. She wants a minimum guaranteed death benefit and a cash value she can access for withdrawals and loans, if needed. Which of the following policies would best meet Pauline's needs?
A)
Universal life
B)
Variable life
C)
Whole (ordinary) life
D)
Variable universal life