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Other Fields Homework Help Finance Topic started by: Ryan37sport on Sep 4, 2023



Title: Corey has not paid the premium on his universal life, flexible-premium policy for one month. His ...
Post by: Ryan37sport on Sep 4, 2023
Corey has not paid the premium on his universal life, flexible-premium policy for one month. His insurance company has yet to cancel the policy. Why?

▸ His insurance company is too large to notice.

▸ His policy allows him to use accumulated cash value to cover mortality costs for the period.

▸ He has not passed the two-month free look period.

▸ His insurer is a mutual company rather than a stock company.


Title: Re: Corey has not paid the premium on his universal life, flexible-premium policy for one month. His ...
Post by: gagan17 on Sep 4, 2023
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