What benefit does the Payor clause on a Juvenile Life policy provide?

Insurance

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What benefit does the Payor clause on a Juvenile Life policy provide?

A. Allows payor to assign ownership in the event payor becomes disabled

B. Allows payor to increase face amount without providing evidence of insurability

C. Premiums are waived if juvenile becomes disabled

D. Premiums are waived if payor becomes disabled

Answer: D. Premiums are waived if payor becomes disabled

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