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Business, 07.03.2020 05:18 algahimnada

An insured owns a $50,000 whole life policy. At age 47, the insured decides to cancel his policy and exercise the extended term option for the policy's cash value, which is currently $20,000. What would be the face amount of the new term policy?

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An insured owns a $50,000 whole life policy. At age 47, the insured decides to cancel his policy and...
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