Choose the option(s) available in the nonforfeiture clause of a cash-value life policy
A) Exchange the policy for a paid-up term policy of equal face value.
B) Receive the policy's cash value.
C) Retain rights to a death benefit.
D) Exchange the policy's cash value for a paid-up policy with a reduced face value.
E) A, B, and D above
Answer: E
Business
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