Management Notes

Reference Notes for Management

When a life insurance policy exceeds certain IRS table values, the result would create which of the following?

When a life insurance policy exceeds certain IRS table values, the result would create which of the following

When a life insurance policy exceeds certain IRS table values, the result would create which of the following?

 Options:

1035 Exchange
An Investment
Modified Endowment Contract (MEC)
Endowment

The Correct Answer Is:

  • Modified Endowment Contract (MEC)

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