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    Personal Financial Planning Study Set 1
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    Exam 8: Insuring Your Life
  5. Question
    A Guaranteed Purchase Option Is When an Insured Sells an Interest
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A Guaranteed Purchase Option Is When an Insured Sells an Interest

Question 151

Question 151

True/False

A guaranteed purchase option is when an insured sells an interest in the life insurance policy to an investor,who then becomes the policy's beneficiary.

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