Insurance Licensing Virginia Life, Annuities, and Health Insurance Examination Series 11-01 Virginia-Life-Annuities-and-Health-Insurance Question # 58 Topic 6 Discussion

Virginia-Life-Annuities-and-Health-Insurance Exam Topic 6 Question 58 Discussion:

Question #: 58

Topic #: 6

If a premium on a life insurance policy is paid under an automatic premium loan provision:

The loan must be repaid in thirty days

The policy has no grace period

The extended term option goes into effect

Interest accrues on the loan

Get Premium Virginia-Life-Annuities-and-Health-Insurance Questions

Actual exam question for Insurance Licensing Virginia-Life-Annuities-and-Health-Insurance exam by Xander4877 at Sep 4, 2025, 9:03:33 AM

Chosen Answer: A B C D
This is a voting comment (?). It is better to Upvote an existing comment if you don't have anything to add.