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Which Life Insurance Policy Provision Specifies That It Is the Policyowner,and

Question 47

Multiple Choice

Which life insurance policy provision specifies that it is the policyowner,and not the insured or beneficiary,who possesses all contractual rights while the policy is in force?


A) nonforfeiture options
B) entire contract clause
C) incontestable clause
D) ownership clause

Correct Answer:

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