Cash Value and Pure Death Protection in a Whole Life Policy

The graph projects the cash value and death protection for a $$200,000$ whole life policy. If the client were to die at age $60,$ his beneficiaries would

receive roughly

in death protection

the

cash value. If instead, at age $50,$ the client were to

cancel or borrow against the policy, he would be able to withdraw up to

because of the

$\_$ associated with

whole life insurance.

The right to withdraw the cash value of a plan at any time prior to the policyholder's death is due to which of the following?

The convertibility provision

The nonforfeiture right

The cash conversion clause