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Life Insurance Contractual Provisions Briefly explain accelerated death benefits. What are the circumstances that could trigger payment of accelerated benefits? How can the transfer of

Life Insurance Contractual Provisions

Briefly explain accelerated death benefits. What are the circumstances that could trigger payment of accelerated benefits?

How can the transfer of all ownership rights in a life insurance policy be accomplished?

What is the purpose of the incontestable clause?

List the advantages and disadvantages of a policy loan.

Thank you in advance

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