Which of the following represent valid reasons for business use of life insurance?
A) Fund a non-qualified retirement plan for top executives
B) Protect business loss due to the pre-mature death of a key marketing executive
C) Offer life insurance benefits as part of a key executive package in order to attract new hires
D) Create a business transition plan from one partner to the other partner
E) All of the above are valid reasons
Correct Answer:
Verified
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A)
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