Question About Term Conversion

I inherited a client who has a term policy with his business partners as the beneficiary. His initial 10 year term is up in a few months and the business owners want to continue his coverage. When he applied, he qualified at the best health class possible with Ohio National. They also just told me that he has advanced Prostate cancer with a life expectancy of less than 5 years. :(

So, we can't just re-write a new term policy due to current health.

The options as I see them are to continue with the ART which starts at about $3,000 the first year and then by year 5 is $17,000. Total cash
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