Question 19 (1 point) Saved Aline would like critical illness insurance because one of her close friends has had major health problems. She asks her life insurance agent what her coverage would be if she were to have a cancer covered under the policy and then became paralyzed later on. What should her insurance agent tell her? A a) A standard critical illness policy will cover both cancer and paralysis. Ob) A critical illness policy with expanded coverage will cover both health problems, provided a second event rider is added. c) Paralysis cannot be covered under a critical illness policy because it is considered a disability and not an illness. The second event will not be covered regardless of the rider added, because any illness that occurs after cancer is subject to a standard exclusion. d) Previous Page Next Page Page 19 of 35 Question 16 (1 point) Ingrid, a chemical engineer, works as a sessional instructor at a university. She takes out individual disability insurance providing $3,500 per month to cover 60% of 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? a) It will accept the requested increase in coverage, with a based on Ingrid's original occupation Ob) It will accept the requested increase in coverage, with a rate based on Ingrid's new occupation Od It will refuse to increase the coverage since Ingrid's income increased too much, too quickly Od it will refuse to increase the coverage since Ingrid's health has deteriorated