Question: A policyholder has a TERM life policy develops an aggressive terminal illness. She decides that she needs cash now. Which one of the following is

  1. A policyholder has a TERM life policy develops an aggressive terminal illness. She decides that she needs cash now. Which one of the following is likely to be option for her?
    1. A policy loan
    2. Surrender
    3. Settlement
    4. Installment refund

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