question 58 of 60\nin whole life insurance, cash values and loan provisions are known as\na. nonforfeiture…

question 58 of 60\nin whole life insurance, cash values and loan provisions are known as\na. nonforfeiture options.\nb. accelerated death benefits.\nc. living benefits.\nd. dividend options.
Answer
Brief Explanations:
In whole - life insurance, non - forfeiture options refer to the rights of policyholders to receive some value from the policy even if they stop paying premiums. Cash values and loan provisions are part of these non - forfeiture options. Accelerated death benefits are related to early payment of death benefits under certain conditions. Living benefits are broader benefits available while the insured is alive but not specifically related to cash values and loan provisions in the same way. Dividend options pertain to how dividends are handled in participating policies.
Answer:
A. Nonforfeiture options.