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Which of the following provisions helps to keep a life insurance policy in force if the premium is not paid by the due date? a
Which of the following provisions helps to keep a life insurance policy in force if the
premium is not paid by the due date?
a payment of premium provision
b freelook provision
c incontestability provision
d grace period provision
Mary, Tom, and Joe are equal partners in a publishing business. How many life insurance
policies normally would be required to insure a crosspurchase buysell agreement?
a
b
c
d
Which type of insurance policies pay dividends to policyowners?
a accumulation policies
b net payment policies
c premiumsharing policies
d participating policies
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