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The contractual rights that allow the owner of a deferred annuity to surrender the cash value several years before the annuity date are called
nonforfeiture options
settlement options
conversion options
surrender options
Answer: nonforfeiture options
The above question The contractual rights that allow the owner of a deferred annuity to surrender the cash value several years before the annuity date are called, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.
