Which of the following is not excluded from the California Life and Annuity Replacement Law?
A. Purchasing credit life insurance for the purchase of a second home
B. Purchasing group life insurance from a part-time employer
C. Purchasing a new policy that will take the place of an existing policy
D. Converting a convertible term policy to whole life insurance
Ans: C. Purchasing a new policy that will take the place of an existing policy
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