Construct a Valid Argument in Favour of Policy-Loans.
A) A Loan of Any Amount, can be obtained, easily.
B) Insured can decide the Terms and Conditions of the Loan.
C) There is No Legal Obligation to Re-Pay the Loan.
D) No Collateral is required.
Correct Answer:
Verified
Q15: Which One of the Following Documents, will
Q16: In Order for the Policy to acquire
Q17: For a Life Assurance Policy, Nomination is
Q18: Identify the Circumstances, under which, the Policy-
Q19: Illustrate the Purpose of Grace-Period.
A)It is a
Q20: All of the Following Statements, are True,
Q21: When is a Policy, Deemed to be
Q22: Construct a Situation, that would require Evidence
Q24: Select the Correct Statement, with Regard to
Q25: Which One of the Following Alterations, will
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