Exam term

Extended term insurance

A nonforfeiture option that uses a policy's cash value to buy term insurance for the original face amount, but only for a limited period.

Lessons that use this term

Common policy provisions: beneficiary designations, grace period, and nonforfeiture options California
Traditional whole life products Florida
Reinstatement, policy loans, and nonforfeiture options Florida
Individual life nonforfeiture options and policy settlement Florida
Traditional whole life products New York
Premium payment modes and grace period New York
Reinstatement, policy loans, and nonforfeiture options New York
Long-term care optional benefits (inflation protection, nonforfeiture, shared care) and hybrid plans New York
Traditional whole life products Texas
Nonforfeiture law Texas