Which of the following statements about nonforfeiture options found in whole life insurance policies is true? unless the policy owner has selected another option, the cash value option goes into effect automatically under the reduced paid-up insurance option, the paid-up policy is whole life insurance under the extended term option, the amount of term insurance is less than the face value of the surrendered whole life policy O under the reduced paid-up option, the amount of insurance purchased increases with the insured's attained age