What is the benefit of choosing extended term as a nonforfeiture option?

Insurance

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What is the benefit of choosing extended term as a nonforfeiture option?

Options

a) It matures at age 100.
b) It allows for coverage to continue beyond maturity date.
c) It can be converted to a fixed annuity.
d) It has the highest amount of insurance protection.

Answer: d) It has the highest amount of insurance protection.

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