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Key employee life insurance is beneficial in these situations, except when the A) company wishes to deduct the cost of the life insurance premiums. B)
Key employee life insurance is beneficial in these situations, except when the
A)
company wishes to deduct the cost of the life insurance premiums.
B)
key employee has critical skills that will require extensive training for anyone replacing the employee.
C)
company is looking for a way to fund the death benefit provision for a deferred compensation plan.
D)
company requires liquidity to purchase a deceased executive's stock.
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