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(Solved): Travis purchases a $300,000 life insurance policy on his wife, Esther, which includes a terminal ill ...



Travis purchases a $300,000 life insurance policy on his wife, Esther, which includes a terminal illness rider. A number of years later, Esther is diagnosed with a terminal illness and Travis submits a claim for an acceleration of $150,000 of the death benefit. Before the claim can be processed and approved, Esther dies. What is the likely result?



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