1035 Exchange for Term Policies

I feel like I know the answer that most people on here are going to give me is a resounding NO, but I thought that I would ask anyway. I have a prospect that I scheduled to meet with next week. He thought that his policy was permanent, and it is not. It is set to expire in the next 5 or 6 years. The prospect is mid seventies and is in perfect health according to what he tells me. He has paid a significant amount of money into his term policy, and I remember reading on the old top gun website that some companies would allow a 1035 from a term to preserve basis. I never remember seeing any
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