If a Premium Is Not Paid on the Due Date

question 49

True/False

If a premium is not paid on the due date, the policy lapses.

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Definitions:

Adolescence

The developmental stage between childhood and adulthood characterized by physical, psychological, and social changes, typically occurring between ages 10 and 19.

Hypothalamus

A region of the brain responsible for the production of many of the body's essential hormones, influencing hunger, thirst, temperature, and sexual behavior.

Puberty

A phase of adolescence in which an individual undergoes physical and hormonal changes that lead to sexual maturity.

Brain

The organ in the head that controls functions of the body, including thought, memory, emotion, touch, motor skills, vision, breathing, temperature, hunger, and every process that regulates our body.