Bill's life insurance premium was due April 4. He died April 20 without having paid this...

Bill's life insurance premium was due April 4. He died April 20 without having paid this premium. His beneficiary will not receive any payment. T/F?

Expert Solution

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Statement is False :

Beneficiary will receive the face value of the money less the unpaid premium amount.

jeff jeffy answered 2 years ago

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