An insured who can no longer pay the premiums is protected by a(n)
A) incontestable clause.
B) coinsurance clause.
C) nonforfeiture clause.
D) all of these.
Correct Answer:
Verified
Q16: To collect the proceeds of a life
Q17: Major medical insurance protects against the high
Q18: Life insurance in which the premiums increase
Q19: If a policy has been in effect
Q20: An assignment of the proceeds of a
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
Q26: Failure to pay a premium on time
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