INS 3303 Life Ins 2nd half Final Study Guide
Chamberlian School of Nursing
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Exam (elaborations) INS 3303 Life Ins 2nd half Final Study Guide
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---39november 20212021/2022
- For estate tax purposes, life insurance 
Selected 
Answer: 
held by a revocable life insurance trust is includable in 
the grantor's estate 
 Question 2 
0 out of 2 points 
Which of the following goals can be achieved by the use of key employee 
life insurance? 
Assure shareholders of a public corporation that the price 
of the stock will not plummet at the death of a president 
or other senior executive. 
 Question 3 
0 out of 2 points 
Which of the following circumstances, if true, woul...
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