Bemer returned from vacation only to realize his insurance payment was past due. Luckily, his insurance company had inserted a(n) ________ clause that provided a grace period to pay the premium.
A) antilapse
B) grace period
C) payment forgiveness
D) waiver of payment
E) compassion
Correct Answer:
Verified
Q19: An individual has an insurable interest in
Q20: _ suggests people who are insulated from
Q21: _ is the transfer and distribution of
Q22: Which of the following is a state
Q23: What is the name of the payment,
Q25: A policy which covers some type of
Q26: What is the name of the document
Q27: An insurer, sometimes called a(n) _, receives
Q28: Which of the following was the result
Q29: What type of agreement is usually put
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