Failure to repay a loan or loan interest will void a life insurance policy:
Failure to repay a loan or loan interest will void a life insurance policy:
A
After the insurer calls in the loan with 30 days advance notice
B
After the loan has been outstanding for more than 5 years
C
If interest rates increase by more than 3% in any 1 year
D
If the total amount due equals or exceeds the policy's cash values
Answer: D
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