Which of the following is true of the suicide clause in a life insurance policy?
A) The beneficiary can claim the proceeds if the insured commits suicide within a certain period and not after that.
B) The suicide clause assigns no validity period on the life insurance policy.
C) The beneficiary can claim the proceeds only if the insured commits suicide after the validity period set forth by the insurer.
D) The beneficiary cannot claim the insurance proceeds if the insured commits suicide after the validity period set forth by the insurer.
Correct Answer:
Verified
Q21: A(n) _ is a clause in an
Q25: What is the copay clause in an
Q29: Which of the following clauses protects the
Q49: Hillary had purchased a term life insurance
Q56: Which of the following is a difference
Q56: A(n) _ is a comprehensive insurance policy
Q59: Which of the following statements is true
Q61: For a gift to be effective,the donor
Q62: A bailment does not involve transferring title
Q63: For a bailment to be effective,the bailee
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents