Question 3010 of 287 · Texas Life, Accident and Health Agent Exam
The USA PATRIOT Act requires insurers and agents to take part in programs to
Exactly one answer is correct.
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Correct answer to question 3010
- B: prevent money laundering and verify the identity of customers
Explanation
Insurers that issue covered products such as permanent life and annuities must have anti-money laundering programs, and agents are trained to spot and report suspicious activity.
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