Failure to pay a premium on time may cause the policy to
A) subrogate.
B) be assigned.
C) lapse.
D) be considered fraudulent.
Correct Answer:
Verified
Q21: An insured who can no longer pay
Q22: An annuity provides income for
A) a specific
Q23: Term insurance is _ if the insured
Q24: The type of life insurance that provides
Q25: _ insurance is purchased for a certain
Q27: A(n) _ is the one who receives
Q28: Medicare pays for
A) hospital expenses.
B) custodial care.
C)
Q29: A(n) _ provides an income for the
Q30: All of the following are nonforfeiture rights
Q31: Misstatement of the insured's age will result
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