Bahar was diagnosed with advanced lung cancer and given four months to live. His $100,000 life insurance policy entitled him to receive a portion of his death benefit of up to 25% in such a situation. What is the $25,000 commonly called? the $25,000 is a partial cash surrender value the $25,000 is taxable income the $25,000 is a policy loan the $25.000 is a living benefit