All of the Following Statements About the Requirements to Reinstate

question 38

Multiple Choice

All of the following statements about the requirements to reinstate a lapsed life insurance policy are true EXCEPT

• A)Evidence of insurability is required.
• B)The lapse must have resulted from other than the surrender of the policy for its cash value.
• C)All overdue premiums must be paid along with interest from the premium due dates.
• D)There is no time limit on when the policy may be reinstated.

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Definitions:

Live Birth

The process of giving birth to young that have developed inside the body, as opposed to laying eggs.

Neural Crest Cells

A group of embryonic cells found only in vertebrates; develop along the neural tube and migrate to various parts of the embryo where they give rise to (or influence the development of) nerves, head muscles, cranium, jaws, and other structures.

Embryonic Cells

Cells that originate from the embryo and have the potential to develop into any type of body cell, possessing high degrees of plasticity and the ability to proliferate.

Dipnoi

A group of fish also known as lungfish, characterized by their ability to breathe air using lungs in addition to gills.