There are exceptions to the full payment of life insurance policies. Which of the following is not an exception to the payment of the full face amount?
A) Error in determining the age or gender of the insured at policy issuance
B) Premium payments are due
C) Error in the beneficiary address
D) Outstanding loans against the policy
Correct Answer:
Verified
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Q90: Claims on life insurance policies are
A)Always negotiated
B)Rarely
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