Vivian commits suicide 4 years after taking out a $100,000 life insurance policy on herself. Her beneficiary is concerned that the death claim will be denied. Which of the following statements is NOT correct?
A) If the suicide clause were in effect, the company would refund the premiums paid.
B) The company has definite proof of the cause of her death, so it can refuse to pay the death benefit.
C) If the beneficiary were familiar with the policy's suicide clause, she would not doubt payment of the claim.
D) The suicide clause in Vivian's policy would have expired, so it would not affect the death claim."
Ans: B) The company has definite proof of the cause of her death, so it can refuse to pay the death benefit.
You might also like to view...
Channel power is the ability to alter channel members' behavior so they take actions they would not have taken otherwise
Indicate whether the statement is true or false
When two TCP/IP devices need to communicate, both the ________ and ________ addresses of each device are required
A) illogical, virtual B) logical, physical C) network, private D) interface, control