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D Question 3 2 pts If you were the head of a young family (unable to afford a high premium), you were currently concerned with

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D Question 3 2 pts If you were the head of a young family (unable to afford a high premium), you were currently concerned with protection (high face amount), and you wanted the assurance of being able to obtain "permanent life insurance at a later time, you would likely purchase yearly renewable e insurance increasing term convertible universal life whole life Question 4 2 pts Which nonforfeiture option would provide you with the highest level of protection (death benefit) for the next month in the event that your $200,000 whole life insurance policy lapsed (you have $5,000 of cash value in the policy upon lapse)? extended term insurance option reduced paid up insurance option maximum benefit option endowment option annuity option Albion 5

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