Exam (elaborations)
Life Insurance Ch. 3 - Life Policies & Life Provisions Questions and Answers
- Course
- Institution
When a life insurance policy exceeds certain IRS table values, the result would create which of the following? A. 1035 Exchange B. An investment C. Modified Endowment Contract (MEC) D. Endowment - Answer- C. Modified Endowment Contract (MEC) What kind of life insurance product covers chi...
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