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The person who for compensation,solicits,negotiates,or offers to negotiate a life settlement contract is the

a- settlement intermediary
b-policyowner
c- settlement broker
d- settlement provider

User Flafoux
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1 Answer

3 votes

Final answer:

The correct answer is settlement intermediary (option A). They act as a middleman between the policyowner and the settlement provider.

Step-by-step explanation:

The correct answer is settlement intermediary (option A).

A settlement intermediary is the person who, for compensation, solicits, negotiates, or offers to negotiate a life settlement contract. They act as a middleman between the policyowner and the settlement provider.

For example, if someone wants to sell their life insurance policy for a lump sum, they would work with a settlement intermediary to find potential buyers and negotiate the terms of the contract.

User Dennison
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