Which of the following statements about a Renewable Term policy is CORRECT?

Which of the following statements about a Renewable Term policy is CORRECT?




A.It is renewable at the option of the insurer.


B.It is renewable at the option of the insured.


C.It is renewable at the option of the insurer, with proof of insurability.


D.

It is renewable at the option of the insured, with proof of insurability.



Answer: B

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