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Business, 17.10.2019 23:20 marciamwilliamp31fz6

Calculator albert had a terminal illness that would require almost constant nursing care for the remaining two years of his estimated life, according to his doctor. albert had a life insurance policy with a face amount of $100,000. he had paid $25,000 of premiums on the policy. the insurance company has offered to pay him $80,000 to cancel the policy, although its cash surrender value was only $55,000. he accepted the $80,000. albert used $15,000 to pay his medical expenses. albert made a miraculous recovery and lived another 20 years. as a result of cashing in the policy:

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