question 51 of 60 if a policy is about to lapse due to outstanding loans, what is the required notice to the…
question 51 of 60 if a policy is about to lapse due to outstanding loans, what is the required notice to the policyowner? a. 30 days b. 5 days c 10 days d. 20 days
Answer
Brief Explanations:
In insurance - related regulations, when a policy is about to lapse due to outstanding loans, typically a 30 - day notice is required to be given to the policyowner.
Answer:
A. 30 days