QuestionAugust 14, 2025

Question 3 of 90 Which of the following information will be stated in the consideration clause of a life insurance policy? A. The parties to the contract B. The amount of premium payment C C. The time period allowed for the payment of premium D. The conditions for insurability

Question 3 of 90 Which of the following information will be stated in the consideration clause of a life insurance policy? A. The parties to the contract B. The amount of premium payment C C. The time period allowed for the payment of premium D. The conditions for insurability
Question 3 of 90
Which of the following information will be stated in the consideration clause of a life
insurance policy?
A. The parties to the contract
B. The amount of premium payment
C
C. The time period allowed for the payment of premium
D. The conditions for insurability

Solution
4.5(242 votes)

Answer

B. The amount of premium payment Explanation 1. Identify the consideration clause content The consideration clause in a life insurance policy typically includes details about the premium payment, such as the amount and frequency.

Explanation

1. Identify the consideration clause content<br /> The consideration clause in a life insurance policy typically includes details about the premium payment, such as the amount and frequency.
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