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An employer plans to use corporate - owned life insurance to informally fund a nonqualified deferred compensation agreement and wants flexibility regarding investment choices. Which

An employer plans to use corporate-owned life insurance to informally fund a nonqualified deferred compensation agreement and wants flexibility regarding investment choices. Which one of the following types of life insurance should this employer choose?
A)
variable life insurance
B)
joint life insurance
C)
universal life insurance
D)
whole life insurance

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