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Kevin Has an Individual Major Medical Policy That His Insurer

Question 23

Multiple Choice

Kevin has an individual major medical policy that his insurer agrees to keep in force until age 65.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?


A) noncancellable
B) guaranteed renewable
C) conditionally renewable
D) nonrenewable for stated reasons only

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