Question 8027 of 303 · California Life-Only Agent Exam
Which nonforfeiture option provides the same death benefit for a limited period without further premiums?
Exactly one answer is correct.
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Correct answer to question 8027
- D: Extended term insurance
Explanation
Extended term uses the cash value to buy term for the full face amount for as long as it lasts. Reduced paid-up buys a smaller permanent policy.
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