Kevin has an individual disability income policy that his insurer agrees to keep in force until age 60.However,the company has the right to increase the premium each year for the underwriting class in which Kevin has been placed.Which renewal provision is found in Kevin's policy?

Question

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Kevin's policy is described as "guaranteed renewable," which means the insurer guarantees to renew the policy until a specified age (in this case, age 60) but may increase the premium for the entire underwriting class to which Kevin belongs.

Kevin Has an Individual Disability Income Policy That His Insurer