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Select the FALSE statement regarding a personal liability insurance needs analysis. A) The client's net worth and income are important factors. B) Personal liability umbrella

Select the FALSE statement regarding a personal liability insurance needs analysis.

A) The client's net worth and income are important factors.

B) Personal liability umbrella policies (PLUPs) are relatively expensive and only affordable to high net worth clients.

C) It is necessary to review a client's liability insurance policies to ensure that there are not any coverage gaps.

D) A personal liability umbrella policy (PLUP) does not guarantee there will not be a coverage gap

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