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Mississippi Life, Accident & Health or Sickness Producer - Richard M Sc: Calculatar Which of the following statements about a five year - old Whole
Mississippi Life, Accident & Health or Sickness Producer Richard M Sc: Calculatar Which of the following statements about a five yearold Whole Life policy is CORRECT? A If a policyowner stops paying premiums, the policyowner may dect a Nonforfeiture option. B If the insurance comparry discovers a misrepresentation on the application, they may rescind the policy. C The Contestable period cannot begin again even if the policy is reinstated. D If exbra premiums were charged for special risks, cash and Nonforfeiture option values increased accordingly.
Mississippi Life, Accident & Health or Sickness Producer Richard M Sc:
Calculatar
Which of the following statements about a five yearold Whole Life policy is CORRECT?
A If a policyowner stops paying premiums, the policyowner may dect a Nonforfeiture option.
B If the insurance comparry discovers a misrepresentation on the application, they may rescind the policy.
C The Contestable period cannot begin again even if the policy is reinstated.
D If exbra premiums were charged for special risks, cash and Nonforfeiture option values increased accordingly.
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