James purchased a $200,000 whole life insurance policy when he was 25 years old and had significant life insurance needs. No James is 50. His mortgage is almost paid-off and his children have left home and are financially independent. James no longer wants to pay premiums, but he does want to have permanent life insurance in force for the rest of his life. Which nonforfeiture option could James use to meet these objectives? Pald-up permanent insurance Joint and Survivor Income O Extended term insurance