Answered

Westonci.ca is the premier destination for reliable answers to your questions, provided by a community of experts. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform. Get immediate and reliable solutions to your questions from a community of experienced professionals 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


We hope this information was helpful. Feel free to return anytime for more answers to your questions and concerns. Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Stay curious and keep coming back to Westonci.ca for answers to all your burning questions.