If a Term Life Insurance Policy Is Convertible, It Can

question 71

Multiple Choice

If a term life insurance policy is convertible, it can be:

• A) transferred to the life of another person in the future.
• B) exchanged for cash in the future.
• C) changed to health or disability protection.
• D) changed to a comparable whole life policy in the future.
• E) revised as needed by the insurer.

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