Leland elects to surrender his whole life policy for a reduced paid-up policy. The cash value of his new policy will:

Leland elects to surrender his whole life policy for a reduced paid-up policy. The cash value of his new policy will:


A) continue to increase.

B) decrease gradually.

C) remain the same as in the old policy.

D) decrease by 50% immediately.



Answer: A) continue to increase.

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