Which nonforfeiture option provides coverage for the longest period of time?

The nonforfeiture option that provides coverage for the longest period of time is the reduced paid-up option. This option allows the policyholder to stop paying premiums but retains a fully paid-up policy with a reduced face amount. Since the policy is fully paid-up, it remains in force for a significant duration, often until the insured reaches the end of their life, depending on factors such as the age of the policyholder and the cash value at the time of the option's exercise.

While the other options offer various benefits, they typically do not extend coverage as long as the reduced paid-up option does. For example, the paid-up option provides a paid-up policy but at a reduced face amount and is similar in nature but not as long-lasting in terms of coverage when compared to the reduced paid-up option. The accumulated at interest option does not provide any insurance coverage; rather, it simply allows the cash value to continue to grow while the policy is in force, but it does not result in a new insurance policy. The extended term option may provide coverage for a longer time than some other options but does not typically exceed the duration provided by the reduced paid-up option since it converts the cash value into term insurance for a specified period.

Thus, the