Author Question: All of the following are nonforfeiture options found in cash value life insurance policies EXCEPT ... (Read 92 times)

Ebrown · **on:** Jul 11, 2018

All of the following are nonforfeiture options found in cash value life insurance policies EXCEPT

A) cash value.
B) reduction of premiums.
C) reduced paid-up insurance.
D) extended term insurance.

Question 2

Which of the following dividend options, sometimes called the fifth dividend option, is not offered by all insurers that sell participating life insurance coverage?

A) paid-up additions
B) reduction of premiums
C) accumulation of dividends at interest
D) term insurance