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Jinny wants to purchase a disability insurance contract that would provide her with a non-taxable benefit equal to 100% of her pre-tax income. Her financial
Jinny wants to purchase a disability insurance contract that would provide her with a non-taxable benefit equal to 100% of her pre-tax income. Her financial advisor explains that an insurer cannot provide this because of: O a) the principle of insurable interest Ob) the principle of indemnification O c) the principle of COLA O d) provisions of the Income Tax Act
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