Explain the following clauses often found in life insurance policies: (a) Multiple indemnity clauses b) Disability clause
Question:
(a) Multiple indemnity clauses
b) Disability clause
(c) Suicide clause.
Give some examples of common exclusions.
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a A multiple indemnity clause doubles or triples the face amount of a policy if the insured dies as ...View the full answer
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Related Book For
Personal Financial Planning
ISBN: 978-1111971632
13th edition
Authors: Lawrence J. Gitman, Michael D. Joehnk, Randy Billingsley
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