Question 8025 of 303 · California Life-Only Agent Exam
A suicide clause in a life policy typically provides that if the insured dies by suicide within the first two years, the insurer will
Exactly one answer is correct.
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Correct answer to question 8025
- B: refund the premiums paid
Explanation
Suicide within the specified period is usually excluded and the insurer's liability is limited to premiums paid.
More questions: The Individual Life Insurance Contract
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