Disposiciones de Pólizas de VidaPregunta 576 de 716
The insuring clause of a life insurance policy:
a.States the insurer's basic promise to pay the death benefit upon the insured's death
b.Lists the specific events and causes of death that the policy will not cover
c.Sets the premium payment mode and the date on which each premium falls due
d.Names the servicing producer and the general agency entitled to the renewal commissions
Explicación
The insuring clause is the insurer's core promise to pay the benefit when the insured dies. Exclusions, premium mode, and producer information are found in other parts of the policy.
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- Electing to use policy dividends to buy paid-up additions will:
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- An applicant pays the initial premium with the application and receives a conditional receipt. Coverage becomes effective:
- When an application is submitted WITHOUT the initial premium, coverage generally does not take effect until:
- The consideration furnished by the applicant in a life insurance contract consists of the:
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Revisado por John Zihao Zhang — California-Licensed Life Insurance Agent (CA Dept. of Insurance License #4396095 — verificar)