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Exam OH-Life-Agent-Series-11-44 All Questions
Exam OH-Life-Agent-Series-11-44 All Questions

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Ohio Department of Insurance OHIO Life Insurance OH-Life-Agent-Series-11-44 Question # 36 Topic 4 Discussion

OH-Life-Agent-Series-11-44 Exam Topic 4 Question 36 Discussion:
Question #: 36
Topic #: 4

Which of the following statements BEST describes a single premium cash value policy?


A.

It requires only one payment to make the policy paid up.


B.

It provides for only one premium to be paid without evidence of insurability.


C.

It waives one future premium if the owner becomes disabled.


D.

It requires the policyowner to pay one premium annually.


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