Question

after the incontestability period has passed, the insurer may not contest the policy except for : 1 point
fraud
misstatement of age
suicide
non payment of premiums
if the insured commits suicide within the policys suicide period, the insurer will typically: 1 point
pay the full death benefit
deny the claim permanently
refund premiums paid
reduce the face amount
which of the following is not a right of the policyowner? * 1 point
changing beneficiaries
assigning the policy
taking out policy loans

Explanation:

1. For the first question: Incontestability clauses prevent insurers from contesting a policy after a set period, except for cases of non-payment of premiums, as this is a breach of the policy's core payment obligation.
2. For the second question: Suicide clauses typically mean if the insured dies by suicide within the specified period, the insurer only refunds the premiums paid, not the full death benefit.
3. For the third question: Changing beneficiaries, assigning the policy, and taking out policy loans are all standard rights of a policyowner. The cut-off option (not fully visible) would be the non-right, but based on standard insurance terms, the listed options are all policyowner rights; assuming the missing option is, for example, "Changing the insurer's underwriting rules", but given the visible options, if we assume the question's intended non-right is not among the visible ones, but correcting the visible choices: all three listed are policyowner rights, so the unlisted option is the correct answer. However, based on common exam questions, the typical non-right is something like forcing the insurer to change policy terms unilaterally, but since the last option is cut off, we focus on the visible valid questions.

Answer:

1. Non payment of premiums
2. Refund premiums paid
3. (Note: The final option is cut off. Based on standard policyowner rights, Changing beneficiaries, Assigning the policy, and Taking out policy loans are all valid rights. The unlisted/cut-off option is the correct answer for this question.)