MCQOPTIONS
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| 1. |
Consideration on the part of the life insured in respect of a life insurance contract is _______ |
| A. | a promise to take a new policy |
| B. | the insured promise to pay the premium under the policy |
| C. | the payment made towards premium by the insured |
| D. | proposal completed and signed by the person |
| Answer» C. the payment made towards premium by the insured | |