Describe the Purpose of Nomination. – McqOptions

MCQOPTIONS

1.	Describe the Purpose of Nomination.
A.	To Transfer the Rights of the Policy.
B.	To Appoint a Person, to Receive the Policy- Monies, in the Event of the Life-Assured's Death.
C.	To Surrender the Policy.
D.	To Create an Estate.
Answer» C. To Surrender the Policy.

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