A Life Insurance Contract Contains Clauses for

question 102

Multiple Choice

A life insurance contract contains clauses for

• A) settlement options.
• B) policy reinstatement.
• C) change of policy.
• D) all of the above.
• E) none of the above.

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Definitions:

Used Shotgun

A pre-owned firearm designed to shoot a number of small diameter pellets, which has been previously owned or utilized by someone else.

Breach of Contract

Breaching any terms and conditions that were mutually agreed upon in a legally enforceable agreement.

Time Limit

A specific duration within which a task must be completed or a condition must be met.