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Author Question: If the premium on a term insurance policy is not paid by the due date, which of the following is true? (Read 55 times)

ARLKQ

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on: Apr 14, 2019

If the premium on a term insurance policy is not paid by the due date, which of the following is true?


◦ The policy is immediately terminated.
◦ The death benefit of the policy is reduced by the amount of the premium owed.
◦ The premium will be deducted from the cash value of the policy.
◦ The policyholder is given a grace period to pay after which the policy will be terminated if the premium is not paid.
Personal Finance ¦ Madura ¦ 6th Edition
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Marked as best answer by ARLKQ on Apr 14, 2019

ally

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Reply #1 on: Apr 14, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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ARLKQ

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Reply #2 on: Apr 14, 2019
Excellent


ally

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Reply #3 on: Apr 14, 2019
Great! Please up vote :D


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