An insured has a 5-year Renewable Term Life Insurance Policy. Upon exercising the renewable privilege, the Insured MUST
An insured has a 5-year Renewable Term Life Insurance Policy. Upon exercising the renewable privilege, the Insured MUST
A . provide evidence of insurability.
B . renew for at least 10 years.
C . pay an annual premium that may be higher.
D . convert to a whole life policy.
Answer: C
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