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Exam term

Facility-of-payment provision

A provision letting the insurer pay a relative or a person who advanced funeral costs when no valid beneficiary claim exists.

Lessons that use this term

  • Mandatory provisions II: claim notice, forms, proof of loss, and payment of claims Florida
  • Mandatory provisions II: claim notice, forms, proof of loss, and payment of claims New York
  • Beneficiary designation rules Texas

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