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Scott is 55 years old and has a $500,000 whole life insurance policy. He no longer wishes to pay premiums, but feels he still needs

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Scott is 55 years old and has a $500,000 whole life insurance policy. He no longer wishes to pay premiums, but feels he still needs $500,000 of coverage over the next 10 years or so until he finishes paying off his mortgage and getting his children through college. Which nonforfeiture option would be most appropriate for Scott, given his objectives? cash value extended term insurance O paid-up additions reduced paid-up insurance

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