Under a group life insurance plan, in general, individuals do not have to pass an insurer's medical examination

Indicate whether the statement is true or false

TRUE

Business

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In an ARM loan, the distance between the borrower's rate and the index is called the:

a. cap b. adjustment c. margin d. teaser

Business

The waiver of premium clause on a health insurance policy eliminates premium payments during periods of disability

Indicate whether the statement is true or false.

Business