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Ingrid, a chemical engineer, works as a sessional instructor at a university. She takes our individual disability insurance providing $3,500 per month to cover 60%

Ingrid, a chemical engineer, works as a sessional instructor at a university. She takes our individual disability insurance providing $3,500 per month to cover 60% ot her gross take home income. She has a future purchase option added to her policy giving her the right to increase. her monthly coverage by $700 on each policy anniversary if her income warrants. A few years later, Ingrid finds a job in the mining industry. Her new job exposes her to more risk since some of her work is done on location but it increases her annual income by 30%. Aware that her health is not as good as it was when she took out her disability insurance, Ingrid wants to take. advantage of the future purchase option to increase her monthly coverage to $4,200. How will the insurer deal with this request? It will accept the requested increase in coverage, with a rate based on Ingrids original occupation. It will accept the requested increase in coverage, with a rate based on Ingrids new accupation. It will refuse to increase the coverage since Ingrid's income increased too much, too quickly. It will refuse to increase the coverage since Ingrids health has deteriorated

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