Management Notes

Management Notes

Reference Notes for Management

Term Life Policies that have the ability to be converted to permanent coverage may do so during a specific time period. This conversion period:

Term Life Policies that have the ability to be converted to permanent coverage may do so during a specific time period. This conversion period:

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Term Life Policies that have the ability to be converted to permanent coverage may do so during a specific time period. This conversion period:

Term Life Policies that have the ability to be converted to permanent coverage may do so during a specific time period. This conversion period:

 Options:

  1. may be altered by the policyowner
  2. is controlled by the NAIC
  3. is the same in all contracts
  4. varies according to the contract

The Correct Answer Is:

d. varies according to the contract

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