Minors are considered competent to legally contract for annuities or life insurance upon his/her own life or health, or on another individual in whom the minor has insurable interest at what age?

Minors are considered competent to legally contract for annuities or life insurance upon his/her own life or health, or on another individual in whom the minor has insurable interest at what age?



a. 14 years

b. 17 years

c. 16 years

d. 15 years


Answer: D

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