« previous next »

Author Question: Kevin has an individual disability income policy that his insurer agrees to keep in force until age ... (Read 67 times)

silviawilliams41

  • Hero Member
  • *****
  • Posts: 560
on: Jul 11, 2018
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?
  A) noncancellable
  B) guaranteed renewable
  C) conditionally renewable
  D) nonrenewable.

Question 2

Which of the following statements concerning individual medical expense insurance is (are) correct?
 
  I. Once the deductible is satisfied, no additional deductible is payable during the calendar year.
  II. Family deductibles are substantially higher than individual deductibles.
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II


kiamars2010

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: B

Answer to Question 2

Answer: C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

South African zoologist Kevin Richardson with captive spotted hyenas South African zoologist Kevin Richardson with captive spotted hyenas
Effect of a Black Hole’s Tidal Force on Infalling Matter Effect of a Black Hole’s Tidal Force on Infalling Matter
Sources of income for U.S. population aged 65 and over. Sources of income for U.S. population aged 65 and over.
Pressure gradient force Pressure gradient force
How an Increase in Income Inequality Affects the Desired Tax Rate How an Increase in Income Inequality Affects the Desired Tax Rate
E9-23 Prepare income statements Explain the difference in operating income E9-23 Prepare income statements Explain the difference in operating income
Video: Chemical Equilibrium between N2O4 (colorless gas) and NO2 (brown gas)

For a complete list of videos, visit our video library