A foreign politically exposed person (PEP) requests to add a beneficiary to a life insurance policy. How should the requ

[answerhappygod]

A foreign politically exposed person (PEP) requests to add a beneficiary to a life insurance policy.
How should the request be processed to mitigate risk?

A. Perform due diligence on the beneficiary
B. Determine the source of wealth and source of funds
C. Decline the request if the beneficiary is a foreign PEP
D. Decline the request to add a beneficiary due to increased risk