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Question 1 1 Joshua recently purchased a new home. His lender required him to purchase credit life insurance on the loan in the event that

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Joshua recently purchased a new home. His lender required him to purchase credit life insurance on the loan in the event that he died before the mortgage is

paid off. What is the loan clause that allows his lender to require him to purchase this additional insurance?

Insurance agreement clause

Default contingency clause

Recourse clause

Early payment clause

None of the above

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