Which of the following is provided for by statute with respect to life insurance?
A) The beneficiaries must contribute to the payment of the premium on a prorated basis.
B) Anyone can insure the life of a person who gives written consent to the contract.
C) It requires a coinsurance clause that prevents coverage for less than its value.
D) Life insurance contracts may require the payment of deductibles on loss.
Correct Answer:
Verified
Q1: Vida was found guilty of arson after
Q2: Why is an insured entitled to collect
Q3: In what case did the Supreme Court
Q4: What is the effect of the Genetic
Q6: Jasmine is discussing an alteration to her
Q7: What is the primary value of insurance
Q8: Upon which of the following qualifications being
Q9: An insured has noted on its insurance
Q10: Allowing people to insure property that they
Q11: What type of insurance would provide payment
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