Are you having trouble answering the question “Nonforfeiture options provide policyowners with all of the following options EXCEPT?”? You don’t have to worry about it anymore. Azanswer team is here with the correct answer to your question.
Nonforfeiture options provide policyowners with all of the following options EXCEPT?
A) using the cash value to fund an automatic premium loan.
B) using the cash value to buy extended term insurance.
C) taking the policy’s surrender value.
D) using the cash value to buy paid-up insurance.
Answer: A) using the cash value to fund an automatic premium loan.
You should now have gotten the answer to your question “Nonforfeiture options provide policyowners with all of the following options EXCEPT?”, which was part of Insurance MCQs & Answers. Thanks for choosing us.
