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Question: The time frame for which an insurance policy provides coverage is known as ________.

Options:

  1.  Policy term
  2.  Policy loan
  3.  Policy mode
  4.  None

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Best answer

1. Policy term

The time frame for which an insurance policy provides coverage is known as Policy term.


More information:

Policy term refers to the life time of an insurance policy or time frame for which insurance policy will provide coverage.

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