All states have nonforfeiture laws that require the payment of a cash-surrender value when a cash-value policy
Question:
a. Cash-value option
b. Reduced paid-up insurance
c. Extended term insurance
Fantastic news! We've located the answer you've been seeking!
Step by Step Answer:
Related Book For
Principles of Risk Management and Insurance
ISBN: 978-0132992916
12th edition
Authors: George E. Rejda, Michael McNamara
Question Posted: