To sell variable life insurance policies, an agent must receive all of the following EXCEPT:a. A life Insurance licenseb. a SEC registrationc. a FINRA registrationd. A securities license

The life insurance policy is the form of contract between the insurer and the insurance company for the payment of the lump sum amount of money at the time of death of the insurance holder. These policies help the family after the death of the earning person.

The SEC registration is not required for selling life insurance policies.

Reason:

SEC registration is the process of registering the documents with the Securities and Exchange Commission. These registrations are dealt with for acknowledging the board about the companies properties and their business.

The other options are incorrect because the life insurance license, a securities license, and FINRA registrations are mandatory at the time of selling the life policies.

To know more about life insurance policies, refer to the link:

link

b. a SEC registration

Explanation:

In order to be able to sell variable life insurance products or policies, an agent must fulfill certain requirements, some of which includes

1. He must be registered with the Financial Industry Regulatory Authority

2. He must possess a securities license,

3. He must be a licensee within the state to sell life insurance.

However, since it is agent and securities, SEC registration is not applicable.

Hence, the correct answer in this situation is an SEC registration

answer; ///i believe the correct answer is (c) laissez-faire;

answer; rapid growth in buyer demand and high buyer switching cost;