When can a policyholder resume premium payments according to a policy illustration?

The correct response indicates that a policyholder can resume premium payments based on the performance of non-guaranteed values. This understanding stems from the nature of these policies, specifically in whole life or universal life insurance, where components like cash value and death benefits can fluctuate based on underlying investment performance.

In scenarios where a policy has been altered to reflect non-guaranteed elements, the policyholder's ability to make premium payments can hinge on how well these aspects are performing. If the policy is not meeting its performance metrics or the policyholder determines that additional payments will stabilize or enhance the policy’s cash value or death benefit, they can choose to resume premium payments.

While premium structures, whether guaranteed or non-guaranteed, provide different levels of certainty, the ultimate decision to resume payments is influenced significantly by the actual performance observed in relation to the policy’s investment components. This answer aligns with common practices in life insurance where policyholders often reassess their contributions based on current policy performance to ensure it meets their financial objectives.