Answered step by step
Verified Expert Solution
Question
1 Approved Answer
snod, an atserance agent, meets with Danuja to deliver her $ 1 5 0 0 0 0 life insurance polley. Danuja's policy was accepted from
snod, an atserance agent, meets with Danuja to deliver her $ life insurance polley. Danuja's policy was accepted from the insurer with a premium rating doe to Denia being overweight. Danuja would like to know if the rating could be removed in the future if she loses theWhat should Emick answer her?ch one zonect answer from the list No the premiums could not be reevaluated because she signed a contract No the premiums could only be reevaluated if the risk increases Yes, but depending on her health the premiums could increase or decrease Yes, the premium could be reevaluated, and the premiums could decrease or remain the same.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started