Mathematics, 13.07.2019 00:40 karamalqussiri478

Barney is the owner and insured of a $200,000 life insurance policy. upon learning that he has a terminal illness, he sells the policy to a third party for $140,000, and the third party becomes the owner and beneficiary of the policy. barney entered into what type of arrangement? a. life endowment b. accelerated death benefit arrangement c. qualified policy surrender d. viatical settlement

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Barney is the owner and insured of a $200,000 life insurance policy. upon learning that he has a ter...