With a Straight Life policy, what happens if the insured lives to age 100?

With a Straight Life policy, what happens if the insured lives to age 100?



a. the policy matures and the face value is paid to the beneficiary
b. the policy matures and the cash value is used to purchase a single premium policy
c. the policy will stay in force until the insured's death
d. the policy matures and the cash value is paid to the insured.


Answer: d

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