Practice question
A buyer has paid exactly five qualifying years under Section 3 of RA 6552. What cash surrender value percentage applies before any sixth paid year?
- 50%
- 55%
- 60%
- 75%
- 100%
Legal references
- RA6552, Sections3-7: https://lawphil.net/statutes/repacts/ra1972/ra_6552_1972.html
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