Quiz Question: Obtaining policy appraisals

The question was: Obtaining an appraisal of a client’s existing life insurance policy is an essential part of helping to decide whether to sell the policy in the secondary market. But how many times should appraisals be done when the contract has both guaranteed and illustrated values?

a) Once, using only guaranteed values
b) Once, using only the illustrated values
c) Twice–once using guarantees and once using illustrated values
d) Not an issue, because funders don’t deal with these policies