Solved

The Clause in a Life Insurance Policy That Permits an Insured

Question 14

Multiple Choice

The clause in a life insurance policy that permits an insured to pay the premium after the due date is the

A) coinsurance clause.
B) grace period clause.
C) nonforfeiture clause.
D) insurable interest clause.

Related Questions

Q9: An assignment of the proceeds of a

Q10: Wilkes, a wealthy man, took out a

Q11: Because partnership may be temporary, one partner

Q12: Burgess had a $50,000 life insurance policy

Q13: If a policy has been in effect

Q15: _ insurance protects the insured and the

Q16: Upon cashing in a life insurance policy,

Q17: Hospital, surgical, and medical insurance are often

Q18: Most life insurance policies have a clause

Q19: Term insurance is less expensive than whole