Insurance MCQLife InsuranceWhich of the following statements concerning buy-market agreements is true?

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Life Insurance

Which of the complying with statements concerning buy-offer agreements is true?

A. Premiums paid are deductible as a organization expense.B. Benefits received are taken into consideration earnings taxable.C. Buy-sell agreements pay in the event of a medical emergency.D. Buy-offer agreements are generally funded with a life insurance plan.Answer:D. Buy-market agreements are generally funded with a life insurance plan.
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