Amy purchased a life insurance policy with the intent of committing suicide to pay all the...

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Amy purchased a life insurance policy with the intent of committing suicide to pay all the debts that were burdening her family. If she commits suicide 30 months after the policy is purchased and the insurer is able to prove that her death was a suicide, how much will be paid by the insurance company? Onothing, because the policy is void if she intentionally causes a loss the premiums paid for the policy will be refunded the face value of the policy the premiums paid for the policy, plus interest for 30 months Amy purchased a life insurance policy with the intent of committing suicide to pay all the debts that were burdening her family. If she commits suicide 30 months after the policy is purchased and the insurer is able to prove that her death was a suicide, how much will be paid by the insurance company? Onothing, because the policy is void if she intentionally causes a loss the premiums paid for the policy will be refunded the face value of the policy the premiums paid for the policy, plus interest for 30 months Amy purchased a life insurance policy with the intent of committing suicide to pay all the debts that were burdening her family. If she commits suicide 30 months after the policy is purchased and the insurer is able to prove that her death was a suicide, how much will be paid by the insurance company? Onothing, because the policy is void if she intentionally causes a loss the premiums paid for the policy will be refunded the face value of the policy the premiums paid for the policy, plus interest for 30 months Amy purchased a life insurance policy with the intent of committing suicide to pay all the debts that were burdening her family. If she commits suicide 30 months after the policy is purchased and the insurer is able to prove that her death was a suicide, how much will be paid by the insurance company? Onothing, because the policy is void if she intentionally causes a loss the premiums paid for the policy will be refunded the face value of the policy the premiums paid for the policy, plus interest for 30 months

Answer rating: 100% (QA)

Answer Option d The premiums paid for the policy plus interest paid for 30 months Ex... View the full answer