Which policy provision protects the policyowner from unintentional lapse of the contract?

A) Grace period
B) Free look period
C) Incontestability
D) Settlement options

Ans: A) Grace period

Business

You might also like to view...

Which of the following focuses on identifying the factors that influence proposed changes to a project, evaluating these influences, and managing the changes in real time during project implementation?

A) quality control determination B) integrated change control C) time management D) procurement management

Business

How does an organization control maintenance requests?

What will be an ideal response?

Business