Which option increases the overall policy death benefit in life insurance?

The One-Year Term Option increases the overall policy death benefit by converting a portion of the policy's cash value into a one-year term insurance policy, effectively increasing the total amount payable upon the insured's death for that year. This option allows policyholders to enhance their death benefit temporarily while keeping the original policy intact.

In contrast, the other options do not increase the overall policy death benefit. The Life Income Option converts the death benefit into a stream of income for the beneficiary after the insured's death, but it does not increase the total death benefit available. Similarly, the Fixed Amount Option and Interest Only Option relate to how the death benefit is paid out rather than increasing its total value. The former provides a specified amount to be paid over time, while the latter keeps the death benefit invested until the beneficiary withdraws it, without increasing its value.