Question

What are the standard policy provisions primarily concerned with?

a.

Policy exclusions

b.

Rights, privileges, and applicable conditions under the contract

c.

Specific policy details

d.

Premium payment options

Posted under IC38 Life Insurance Agent Exam

Answer: (b).Rights, privileges, and applicable conditions under the contract Explanation:Standard policy provisions are mainly concerned with defining the rights, privileges, and other applicable conditions under the contract.

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Q. What are the standard policy provisions primarily concerned with?
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