An Incontestability Clause Places a Time Limit on the Right

question 133

True/False

An incontestability clause places a time limit on the right of an insurance company to deny a claim.

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Definitions:

Immediate Supervisor

The person directly above an employee in the organizational hierarchy, typically responsible for overseeing the employee's work and providing guidance.

Tell And Sell

A sales strategy where the seller provides information about the product's features and benefits and then attempts to persuade the customer to make a purchase.

Evaluation Interview

An evaluation interview is a formal discussion between a supervisor and an employee to review the employee's performance and set future goals.

Performance Standards

Benchmarks or criteria established to evaluate the effectiveness and efficiency of employees' work performance.