Management Notes

Management Notes

Reference Notes for Management

If a 10-Year Term Life policy contains a Renewability provision the policy will renew:

If a 10-Year Term Life policy contains a Renewability provision, the policy will renew:

by
If a 10-Year Term Life policy contains a Renewability provision, the policy will renew:

If a 10-Year Term Life policy contains a Renewability provision, the policy will renew:

 Options:

  1. along with a decrease in premium
  2. at the option of the insurer
  3. only with evidence of insurability
  4. without evidence of insurability

The Correct Answer Is:

d. without evidence of insurability

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