An insurance policy taken out by a minor is not voidable at the election of the minor.
Correct Answer:
Verified
Q2: An important distinction between valid insurance contracts
Q4: Flood-related damage to property is a common
Q5: Insurance companies must wait until litigation has
Q6: Term contracts,like whole life contracts,build cash surrender
Q7: A warranty is an implied condition of
Q10: Property insurance contracts are indemnity contracts.
Q11: Whole life insurance contracts:
A) require the insured
Q11: The insured must pay all past-due premiums
Q12: Unearned portions of any premiums paid by
Q13: Under the new federal health care legislation
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