Multiple Choice
Which of the following statements is true of the suicide clause in a life insurance?
A) The insurer is liable to pay in cases of legitimate suicides even if the life insurance policy had elapsed.
B) The suicide clause has a specified date set.
C) The insurer doesn't have to pay the beneficiary even if the suicide takes place after the specified date.
D) The suicide has to occur within the specified date for payment.
Correct Answer:
Verified
Correct Answer:
Verified
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