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Which of the following is provided for by statute with respect to life insurance? Select one: a.Life insurance contracts may require the payment of deductibles
Which of the following is provided for by statute with respect to life insurance?
Select one:
a.Life insurance contracts may require the payment of deductibles on loss.
b.The beneficiaries must contribute to the payment of the premium on a prorated basis.
c.It requires a coinsurance clause that prevents coverage for less than its value.
d.Anyone can insure the life of a person who gives written consent to the contract.
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