Question 11004 of 287 · Texas Life, Accident and Health Agent Exam
A Texas life insurance policy must provide a grace period for each premium after the first of at least
Exactly one answer is correct.
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Correct answer to question 11004
- A: one month
Explanation
During the grace period the policy remains in force. If the insured dies during the grace period, the overdue premium may be deducted from the settlement.
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