Exam (elaborations)
South Carolina Life Insurance Exam Questions and Verified Answers (2024 / 2025)/ A+ GRADE
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South Carolina Life Insurance Exam Questions and Verified Answers (2024 / 2025)/ A+ GRADE.1. If a policy has a automatic loan provision, what happens if the insured dies before the loan is paid back? ANS The balance of the loan will be taken out of the death benefit 2. An insurer receives a repor...
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