When Will Policyholders Be Given the Truth About Life Insurance Hearing Befor
When Will Policyholders Be Given the Truth About Life Insurance Hearing Befor
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) G. Misstatement of Age or Sex.
If there is a misstatement of age or sex in the policy, the simount of the death benefit shall be that which would be purchased by the most recent mortality charge at the correct age or sex. The coEomissioner may approve other methods which are deemed satisfactory.
H. Maturity Date.
If a policy provides for a "maturity date", "end date", or similar date, then the policy shall also contain a statement in close proximity to that date, that it is possible that cove...rage may not continue to the maturity date even if scheduled premiums are paid in a timely manner, if such is the case.
Copyright NAIC1M9 585-9 137 Universal Life Insurance Model Repuianon Section 8. Disclosure Requirements.
A. Initial P^^^t-losure.
In connection with any advertising, solicitation or negotiation of a universal life insurance policy: L Any statement of policy cost factors or benefits shall contain: a. The corresponding guaranteed policy cost factors or benefits, clearly identified.
What to read after When Will Policyholders Be Given the Truth About Life Insurance Hearing Befor?
You can find similar books in the "Read Also" column, or choose other free books by Monopolies United States Congress Senate Committee On the to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
) G. Misstatement of Age or Sex.
If there is a misstatement of age or sex in the policy, the simount of the death benefit shall be that which would be purchased by the most recent mortality charge at the correct age or sex. The coEomissioner may approve other methods which are deemed satisfactory.
H. Maturity Date.
If a policy provides for a "maturity date", "end date", or similar date, then the policy shall also contain a statement in close proximity to that date, that it is possible that cove...rage may not continue to the maturity date even if scheduled premiums are paid in a timely manner, if such is the case.
Copyright NAIC1M9 585-9 137 Universal Life Insurance Model Repuianon Section 8. Disclosure Requirements.
A. Initial P^^^t-losure.
In connection with any advertising, solicitation or negotiation of a universal life insurance policy: L Any statement of policy cost factors or benefits shall contain: a. The corresponding guaranteed policy cost factors or benefits, clearly identified.
What to read after When Will Policyholders Be Given the Truth About Life Insurance Hearing Befor?
You can find similar books in the "Read Also" column, or choose other free books by Monopolies United States Congress Senate Committee On the to read onlineMoreLess
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