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Other Fields Homework Help Insurance Topic started by: chouri on Jul 5, 2017



Title: Lionel purchased a $200,000 ordinary life insurance policy when he was 25 years old and had ...
Post by: chouri on Jul 5, 2017
Lionel purchased a $200,000 ordinary life insurance policy when he was 25 years old and had significant life insurance needs. Now Lionel is 50. His mortgage is almost paid-off and his children have left home and are financially independent. Lionel no longer wants to pay premiums, but he would like to have some permanent life insurance in force. Which nonforfeiture option could Lionel employ to meet these objectives?
A) cash value
B) reduced paid-up insurance
C) paid-up additions
D) extended term insurance


Title: Re: Lionel purchased a $200,000 ordinary life insurance policy when he was 25 years old and had ...
Post by: ownzore3 on Jul 5, 2017
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Title: Re: Lionel purchased a $200,000 ordinary life insurance policy when he was 25 years old and had ...
Post by: chouri on Jul 6, 2018
Thanks for the help!