Which of the Following Is Not a Nonforfeiture Option

question 1

Multiple Choice

Which of the following is not a nonforfeiture option?

• A)Cash Surrender.
• B)Extended loan.
• C)Extended Term.
• D)Reduced Paid-up.

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Definitions:

Economic Growth

An increase in the amount of goods and services produced per head of the population over a period of time.

Population Growth

Population growth refers to the increase in the number of individuals in a population, commonly measured as the percentage change in population over a specific period.

Permanent Underclass

A social group within a society that is persistently at the bottom of the socioeconomic hierarchy, often facing systemic barriers to upward mobility.

Productivity

The assessment of how effectively a person, machine, factory, or system transforms inputs into valuable outputs.