Consumer credit insurance policies will exclude claims by the insured in which of the following circumstances?
A) The insured has a drug or alcohol addiction.
B) The death of the insured.
C) Sickness of the insured extending beyond a period of 12 months.
D) Both a and c
Correct Answer:
Verified
Q4: Risk management includes the following steps, in
Q5: The feature of guaranteed renewal for a
Q6: Methods of minimising insurance premiums from the
Q7: The convertibility option for term life insurance
Q8: Benefit payments from an income protection policy
Q10: The multiple approach to calculating the needs
Q11: Indexing a sum insured for life cover
Q12: When assessing how personal risk losses can
Q13: In Australia, federal government regulations prohibit health
Q14: The areas from which a legal liability
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents