Question

    A term policy that can be converted to permanent

    coverage rather than expiring on a specific date is called _________.
    A Convertible Insurance Correct Answer Incorrect Answer
    B Contract Liability Correct Answer Incorrect Answer
    C Contractual Liability Correct Answer Incorrect Answer
    D Contingent Policy Correct Answer Incorrect Answer

    Solution

    A term policy that can be converted to permanent coverage rather than expiring on a specific date is called Convertible Insurance.

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