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      Question

      Describe the purpose of

      Assignment.
      A To Transfer the Rights of the Policy. Correct Answer Incorrect Answer
      B To Appoint a Person, to Receive the Policy Monies, in the Event of the Life-Assured's Death. Correct Answer Incorrect Answer
      C To Surrender the Policy. Correct Answer Incorrect Answer
      D To Create an Estate Correct Answer Incorrect Answer
      E To Decline the Policy Correct Answer Incorrect Answer

      Solution

      The correct answer is A

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