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True or False? Usually, there is no time limit on reinstatement of a lapsed life insurance policy.
Question
Asked 3/14/2012 8:04:58 PM
Updated 7/25/2020 11:08:15 AM
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User: True or False? Term life insurance premiums decrease as you get older.

User: True or False? The cost of living protection rider is designed to help prevent inflation from eroding the purchasing power of the protection your policy provides.

User: True or False? Usually, there is no time limit on reinstatement of a lapsed life insurance policy.





Weegy: false Reinstating Lapsed Life Insurance Policies When you have a lapsed life insurance policy the life insurance company gives you an opportunity to reinstate the policy usually within 5 years by paying all the back premiums due. [ There is one problem that might get in the way. If the insured has become uninsurable reinstatement cannot be effected ]
Expert answered|BlazeTech|Points 90|

User: True or false? Permanent insurance can be limited payment, variable, adjustable, or universal life insurance.

Question
Asked 3/14/2012 8:04:58 PM
Updated 7/25/2020 11:08:15 AM
1 Answer/Comment
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8
Permanent insurance can be limited payment, variable, adjustable, or universal life insurance. TRUE.
Added 7/25/2020 11:08:15 AM
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