New Jersey Life Insurance Exam Practice Question
Which of the following exclusions may NOT be found in a life insurance policy?
Correct Answer: A
Rationale: Life insurance policies often include exclusions to manage risk. The suicide exclusion (B) typically applies to limit claims within a specified period after the policy is issued, reflecting the industry's understanding of mental health risks. The aviation exclusion (C) is common, particularly for high-risk activities, as certain flying activities can increase mortality risk. The war exclusion (D) addresses risks associated with acts of war, which are generally deemed uninsurable. However, an auto exclusion (A) is uncommon in life insurance, as auto-related deaths are typically covered under standard policies.
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