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Life Insurance Exam [National] 49 – Reduced Paid-Up Insurance Option Explained
Insurance Exam Prep · Ran Chen, EA, CFP®
February 24, 20265m 33s
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Show Notes
This episode covers the reduced paid-up insurance option, a critical nonforfeiture benefit that allows a policyowner to use cash value as a single premium for a smaller, permanent whole life policy with no further payments required.