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For how long is an insurance company allowed to defer policy loan requests?

A. 30 days
B. 60 days
C. 6 months
D. 1 year

Answer :

Final answer:

An insurance company is typically allowed to defer policy loan requests for a period of time, usually between 30 days and 1 year.


Explanation:

An insurance company is allowed to defer policy loan requests for a certain period of time. The duration for deferring policy loan requests varies depending on the insurance company, but typically it falls within the range of 30 days to 1 year. This means that the correct answer to your question would be option D, 1 year.


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