Register

Colorado Property & Casualty Practice Exam

Access More Questions
Which nonforfeiture option generally uses a policy's cash value to purchase term insurance for the original face amount for as long as the value will support?
Correct Answer:
Extended term insurance
Explanation:
Extended term generally preserves the original face amount as term insurance for a limited period determined by the available cash value.

Access more questions from this quiz

Continue to Colorado Property & Casualty Practice Exam for more practice questions and the full quiz experience.

Access More Questions