Business, 31.07.2020 16:01 kristineford198

Frank has several large life insurance policies. He has had them for many years. One year, Frank forgets to pay the insurance premium for one particular life insurance policy. Sixty-five days after the payment is due, he suffers a massive heart attack and dies. In this situation:. a. the policy remains in effect because is a life insurance policy.
b. the insurance company cannot cancel because of a force majeure clause.
c. the insurance company can cancel this policy.
d. this policy is still in effect due to antilapse rules

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Frank has several large life insurance policies. He has had them for many years. One year, Frank for...

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