CAMS Exam Dumps | A customer has borrowed the cash surrender value of their life insurance policies. Which requires a further

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Question 193/263

A customer has borrowed the cash surrender value of their life insurance policies. Which requires a further investigation and filing of the suspicious activity report?

A. The customer uses multiple currency equivalents from different sources to pay the monthly life insurance policy premiums.

B. The customer has paid the monthly life insurance policy premiums with cash.

C. The customer directs the payment of the money borrowed to an unrelated third party.

D. The customer cancels the insurance contract without concern for the penalties after the money is borrowed.

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Question 193/263

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