Which of the Following Statements About Re-Entry Term Insurance Is

question 40

Multiple Choice

Which of the following statements about re-entry term insurance is true?

• A) It permits the coverage to be renewed an unlimited number of times as long as insurability is demonstrated.
• B) It permits a refund of premiums paid if the term insurance is renewed a specified number of times.
• C) It permits a lower renewal premium if the insured demonstrates insurability.
• D) It permits a lapsed whole life policy to be reinstated as term insurance.

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