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In order for a Seg Fund contract holder to be eligible for creditor protection: 1. an irrevocable beneficiary must be named II. the contract must

image text in transcribed In order for a Seg Fund contract holder to be eligible for creditor protection: 1. an irrevocable beneficiary must be named II. the contract must not have been purchased in a deliberate attempt to avoid creditors in a pending or current bankruptcy III. the contract must have been purchased at least 1 year prior to bankruptcy 1,11 only I only I, II, III only OI, II only

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