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The minutes remaining now is: 73 Select your answer by clicking on the radio bullon inal corresponos lo mne etter or your choice. You may

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The minutes remaining now is: 73 Select your answer by clicking on the radio bullon inal corresponos lo mne etter or your choice. You may check une box next to the question number to mark it for review. Prev - allows you to go back to the previous question, Next - saves your answer and allows you to go to the next question. View Summary - allows you to view your answer choices and those you marked for review. Submit Now - submits your answer choices for grading. Close - exits the exam. Trevor contacts Shanae, his insurance agent, for advice regarding his universal life (UL) insurance policy. Trevor wife Maria, is indicated as revocable beneficiary on the plan. The policy has a face value of $250,000 and an account value of $35,000. Trevor asks Shanae which of the following events could have potential tax consequences as either a deemed or actual policy disposition: 1. Trevor changes the beneficiary from his wife Maria to his son Alberto ii. Trevor takes out a policy loan of $30,000. iii. Trevor transfers ownership of the policy to his wife Maria. iv. Trevor exercises his guaranteed insurability benefit rider and increases his face value by $50,000 i and ii i and iv ii and ili ili and iv a) Ob) c) d) Next View Summary Close L e itse Life Insurance.. itse Student Logon... DELL

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