Answered

Find the best solutions to your questions at Westonci.ca, the premier Q&A platform with a community of knowledgeable experts. Discover a wealth of knowledge from professionals across various disciplines on our user-friendly Q&A platform. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

All of the following are nonforfeiture values, except:
A
Reduced paid-up
B Automatic premium loan
C
Extended term
D
Cash surrender

Sagot :

GinnyAnswer

Final answer:

Cash surrender is a nonforfeiture value in cash-value life insurance policies, alongside other options like Reduced paid-up, Automatic premium loan, and Extended term.


Explanation:

Cash surrender is a nonforfeiture value in cash-value (whole) life insurance policies. The policyholder can choose to surrender the policy and receive the accumulated cash value. On the other hand, Reduced paid-up, Automatic premium loan, and Extended term are other nonforfeiture options that policyholders can choose instead of surrendering the policy. Reduced paid-up provides a reduced death benefit without the need to pay additional premiums, automatic premium loans allow borrowing against the policy's cash value to pay premiums, and extended term converts the cash value into term insurance.


Learn more about Life insurance here:

https://brainly.com/question/1400638


Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. We're here to help at Westonci.ca. Keep visiting for the best answers to your questions.