Briefly explain the following life insurance contractual provisions. a. Suicide clause b. Grace period c. Reinstatement clause

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Briefly explain the following life insurance contractual provisions.
a. Suicide clause
b. Grace period
c. Reinstatement clause

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Principles of Risk Management and Insurance

ISBN: 978-0132992916

12th edition

Authors: George E. Rejda, Michael McNamara

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Question Posted: Jan 30, 2015 07:41 AM

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Briefly explain the following life insurance contractual provisions. a. Suicide clause b. Grace period c. Reinstatement clause

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a The suicide clause states that if the insured commits ...View the full answer

Principles of Risk Management and Insurance

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