Question: Wonderful Widgets, Inc. is adding key executive coverage on its CEO. In addition to replacing the value lost by the executive's death, its key executive

Wonderful Widgets, Inc. is adding key executive coverage on its CEO. In addition to replacing the value lost by the executive's death, its key executive life insurance should also provide cash to do which of the following?

.

buy the executive's business interest

.

replace the key executive

.

pay survivor benefits

.

provide retirement benefits

Wonderful Widgets, Inc. is adding key executive coverage on its CEO.

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