Which among the following is known as a Paid-up Policy?

• A. It is a policy for which all the premium are paid.
• B. It is a policy for which the one time premium is paid and the final amount is due.
• C. It is a policy that only covers for the amount paid to the insurance company.
• D. It is a policy in which the policyholder has discontinued the payment of the premium after a specified period as decided by the insurer.
• E. None of the above