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If Henry and Rita were to purchase additional life insurance policies, which of the following would be considered incidents of ownership? The right to assign

If Henry and Rita were to purchase additional life insurance policies, which of the following would be considered incidents of ownership? The right to assign the policy The right to pay policy premiums The right to pledge the policy for a loan The right to revoke an assignment of the policy

A) III only

B) I, II, III, and IV

C) I, III, and IV

D) I and IV

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