Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please provide the answer ASAP..ILL UPVOTE! THANKS 27 Oa) Ob) Oc) Od) Your current client, Adele, has requested a meeting with you to discuss her

image text in transcribed

Please provide the answer ASAP..ILL UPVOTE! THANKS

27 Oa) Ob) Oc) Od) Your current client, Adele, has requested a meeting with you to discuss her life insurance policy. When her policy was issued a year ago, she was in a rated risk class because she was significantly over weight. Since then, Adele has lost weight and has lost 40 pounds in the last year alone. She knows she is better than average on the height weight charts for her age and she wants her rating removed. Which of the following is the correct response that you can provide her? Because of the significant change in weight, you can arrange to have the rating automatically reduced and premiums lowered. A physical examination from a nurse will be required to take Adele's height, weight, blood pressure, urine test, and blood test. Once a rate class has been assigned, it cannot be changed and Adele should cancel her existing policy and apply for a new policy. An Attending Physician's Statement (APS) will likely be required to confirm that Adele's weight no longer warrants the rated risk class

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Development Finance Innovations For Sustainable Growth

Authors: Nicholas Biekpe, Danny Cassimon, Andrew William Mullineux

1st Edition

331954165X, 978-3319541655

More Books

Students also viewed these Finance questions

Question

Describe some common hazards in the contemporary workplace

Answered: 1 week ago