Solved

Consideration on the Part of the Life Insured in Respect

Question 7

Multiple Choice

Consideration on the part of the life insured in respect of a life insurance contract is _______


A) a promise to take a new policy
B) the insured promise to pay the premium under the policy
C) the payment made towards premium by the insured
D) proposal completed and signed by the person

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions