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Question 7 Select the appropriate response What is considered a valid reason for an insurer's refusal to pay policy proceeds directly to a minor? Minors

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7

Select the appropriate response

What is considered a valid reason for an insurer's refusal to pay policy proceeds directly to a minor?

Minors are not capable of having insurable interest

Minors are normally not capable of handling money in a reasonable manner

Minors are usually not capable of paying for the insurance premium

Minors cannot legally enter into a contract

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