Question: Check My Work Union Bank loaned $ 2 0 0 , 0 0 o to Wagner. Union required Wagner to obtain a life insurance policy

Check My Work

Union Bank loaned $

200, 00

o to Wagner. Union required Wagner to obtain a life insurance policy naming Union as beneficiary. While the loan was outstanding, Wagner stopped paying the premiums on the policy. Union paid the premiums, adding the amounts to Wagner's loan. Wagner died and the insurance company refused to pay the policy proceeds to Union. Union may:

Check My Work Union Bank loaned $200,00o to Wagner. Union required

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