Prepared by A-J | Author brand: 盡職生活｜阿J的普通人理財筆記
About the author/site · Vocus @WUCJ ↗ · Editorial policy
Page version: 2026-08-13 | Official or primary sources are preferred for material rules and figures. AI may assist structure, translation, and code, but is not used as the sole factual source.
About the author/site · Vocus @WUCJ ↗ · Editorial policy
Page version: 2026-08-13 | Official or primary sources are preferred for material rules and figures. AI may assist structure, translation, and code, but is not used as the sole factual source.
How to read this: Actual rights depend on the insurance contract, application, underwriting, and claim facts. This page explains general concepts.
Reduced paid-up
Typically uses existing policy value to continue a lower amount of coverage without further premiums, subject to policy terms.
Extended term
Typically preserves a form of face amount for a shorter period, depending on the policy.
Surrender is a separate choice
Ending the contract removes future coverage and pays the applicable surrender value.
Request side-by-side illustrations
Compare continuing, non-forfeiture options, and surrender before deciding.
Try a calculator
Use your own household or policy numbers to compare scenarios. Results are not insurer quotations or claim promises.
Official / industry references
General insurance education only. This is not insurance solicitation, product recommendation, underwriting advice, claim determination, legal advice, or tax advice.