If a term life policy is convertible, the insured has the option to convert it to:

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If a term life policy is convertible, the insured has the option to convert it to:

If a term life policy is convertible, the insured has the option to convert it to:
A) cash
B) an annuity
C) a decreasing term policy
D) a permanent form of coverage

Textbook

Introduction to Risk Management and Insurance

Edition: 10^th

Authors: Dorfman, Cather

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