Are you having trouble answering the question “Which of the following statements is INCORRECT about a contract receiving a waiver of premium benefit?”? You don’t have to worry about it anymore. Azanswer team is here with the correct answer to your question.
Which of the following statements is INCORRECT about a contract receiving a waiver of premium benefit?
A) It usually requires a waiting period.
B) It can apply to long-term illnesses.
C) The insured must be totally disabled.
D) The policyholder must continue to pay premiums.
Answer: D) The policyholder must continue to pay premiums.
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