Which of the following statements .24 about an automatic premium loan provision * ?is TRUE (1 ) It applies only to term .policies It is included automatically in .all policies It keeps the policy in force when it would otherwise lapse because of nonpayment .of premiums Money used to pay premiums is treated as a partial withdrawal and is not subject to interest charge 21. Which of the following is NOT generally an ownership right in an insurance policy? * (1 Point) O Naming the beneficiary Deciding how the proceeds are to be paid out O Using the cash value Assigning the policy when an irrevocable beneficiary has been named