Which of the following statements about reinstating an individual life insurance policy is CORRECT?
A) Policies may be reinstated at any time within 4 years from the date of premium default.
B) The insured never has to show evidence of insurability.
C) The insured must pay all back premiums with interest premium loans before the policy can be reinstated.
D) Policies that have been surrendered for their cash value may be reinstated."
Ans: C) The insured must pay all back premiums with interest premium loans before the policy can be reinstated.
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a. zone pricing b. FOB origin pricing c. freight absorption pricing d. FOB factory
Why is the online focus group process faster to analyze than the traditional method?
What will be an ideal response?