Looking for the answer to the question below related to Management ?
Stranger-Owned Life Insurance (STOLI) is when a person purchases life insurance only to sell to a(n):
Options:
| underwriter sole proprietor with insurable interest third-party with no insurable interest relative with insurable interest |
The Correct Answer Is:
- third-party with no insurable interest
Conclusion
I hope you got the answer to your question.
BBA Scholar
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