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

Question

Quizplus · Accepted Answer

All of the options mentioned in the answer choices except for reduction of premiums are nonforfeiture options that allow the policyholder to retain some value from the policy in the event of policy lapse or surrender. Reduction of premiums is not a traditional nonforfeiture option, but some policies may offer a premium reduction option in lieu of surrender or lapse. However, it is generally not considered a standard nonforfeiture option.

All of the Following Are Nonforfeiture Options Found in Cash