Comment posted What Happens To The Dividend Option Term Rider On A Whole Life Insurance Policy? by Clarifin.

This is a good question for your agent or customer service because dividends are not guaranteed and may have a significant impact on your policy if they change. If the term portion of your policy is dependent on dividends, then it is not guaranteed at your current premium. As you mentioned, you may have to pay more premium to keep the same amount or reduce your coverage if the insurance company’s dividend changes.
Also, I wouldn’t use the phrase “lowest cost” because there may be a less expensive way for you to achieve the same goal. I always recommend someone who is looking for life insurance consider the opinion of more than just one source.
Good luck

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