When are non-forfeiture provisions used? a. when the insured names a beneficiary b. when the insured stops making premium payments on a cash value policy c. when the insured converts a term policy d. when the insured dies and there is a settlement

 The answer is (b). when the insured stops making premium payments on a cash value policy.

Step-by-step explanation: According to an insurance policy, the non-forfriture provisions are used when the insured stops paying their premium which results in a policy lapse.

In fact, a non forfeiture clause will only stay in effect for a certain time period or it may only become active if the policy has been in force for a certain amount of time.

Thus, the correct option is (b).

 The answer is (b). when the insured stops making premium payments on a cash value policy.

Step-by-step explanation: According to an insurance policy, the non-forfriture provisions are used when the insured stops paying their premium which results in a policy lapse.

In fact, a non forfeiture clause will only stay in effect for a certain time period or it may only become active if the policy has been in force for a certain amount of time.

Thus, the correct option is (b).

answer: evaluate the objective function at each vertex to determine which - and -values, if any, maximize or minimize the function. example: find the minimum value and maximum value of the objective function f ( x , y ) = 4 x + 5 y , subject to the following constraints