What Nonforfeiture Option should Jamie choose to maintain her $200,000 death benefit after stopping premium payments?

Choosing the extended term nonforfeiture option allows Jamie to maintain her $200,000 death benefit even after she stops making premium payments. This option specifically takes the cash value accumulated in the policy and uses it to purchase a term life insurance policy for the same face amount, which is $200,000, for a limited period based on the terms specified in the original policy.

The extended term option is advantageous because it preserves the full death benefit amount for beneficiaries during the specified term, providing financial protection without requiring further premium payments. If Jamie chooses this route, she does not lose her coverage but instead effectively shifts to a temporary policy with the same coverage amount.

In contrast, cash surrender would involve cashing out the policy, which would terminate any death benefit altogether, while reduced paid-up would convert her current policy into a permanent policy with a lower death benefit based on the cash value, not maintaining the original amount. A term policy option is not applicable here as it suggests a new policy outside the context of utilizing existing policy benefits.