Examlex
Which of the following statements is (are) true concerning the automatic premium loan provision?
I.Unlike other policy loans,interest is not charged on automatic premium loans.
II.The basic purpose of an automatic premium loan is to prevent a life insurance policy from lapsing.
Continuity
Continuity involves the consistent existence or operation of something over a period of time, ensuring a seamless connection or progression without interruption or change.
Life Span
The duration of existence of an individual organism from birth to death.
Developmental Psychologists
Professionals who study the psychological growth of individuals, from infancy through adulthood.
Computational Ability
The capability to perform mathematical calculations, problem-solving, and logical thinking processes.
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