Examlex
Discuss the following statement "A Canadian may be prosecuted for an activity that is against the law in one jurisdiction but perfectly acceptable in another".
Term Insurance
A type of life insurance policy for which premiums are paid for a specified term and payment is made by the insurer only if the insured dies within the term period.
Cancel Policy
A cancel policy refers to the terms under which an agreement, insurance policy, or service contract can be terminated before its natural expiration date.
Advance Written-notice
A notification given in writing ahead of time, often a requirement in legal and contractual situations.
Incontestability Clause
A provision in a life insurance policy that prevents the insurer from disputing the policy's validity after it has been in force for a certain period, typically two years.
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