Sam has a $200,000 convertible life insurance policy. If he chooses, he can:

A. Purchase an individual annuity for any face amount using the 1035 exchange privilege.
B. Purchase another term policy and increase his death benefit without proof of insurability.
C. Convert to a whole life policy for the same face amount without proof of insurability.
D. Convert to another term policy with a lower face amount without proof of insurability.

Ans: C. Convert to a whole life policy for the same face amount without proof of insurability.