If your disability insurance policy is "class cancelable," then
A) the company may cancel any individual policy within the current group of insureds.
B) the company may cancel only a few high risk individual policies,but not the entire class of insureds.
C) the company can cancel an individual policy only if it cancels all policies written by the company.
D) the company can cancel an individual policy only if it cancels an entire class of insureds.The class need not consist of all policies written by the company.
Correct Answer:
Verified
Q73: Which of the following definitions of disability
Q74: Comprehensive health care insurance includes both basic
Q75: A good method for holding down premiums
Q76: Hospital indemnity insurance pays you a set
Q77: Private health insurance covers almost 75% of
Q79: The preferred strategy for holding down the
Q80: The most widely held form of health
Q81: Major medical coverage usually begins only after
Q82: Long term custodial care is typically not
Q83: HMOs tend to charge lower premiums than
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