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When a Client Purchases a Variable Contract Through You, He

Question 27

Multiple Choice

When a client purchases a variable contract through you, he should be informed that his money will be invested:


A) at the most recent price for which the contract sold.
B) at the next price that is computed after the contract application is accepted by the insurance company.
C) at the previous day's close price for the contract.
D) in a product with a guaranteed cash value.

Correct Answer:

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