Of the following, which is a situation that could result in the conditional receipt becoming void?

Insurance

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Of the following, which is a situation that could result in the conditional receipt becoming void?

A) The applicant dies after the policy is issued.

B) The applicant is found to be a substandard risk.

C) The applicant’s policy is issued as applied for.

D) The applicant dies before the policy is issued.

Answer: The applicant is found to be a substandard risk.

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