Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following is a Health Insurance Policy where the insurer has the right to change the premiums for policyowners, but CANNOT cancel the

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Which of the following is a Health Insurance Policy where the insurer has the right to change the premiums for policyowners, but CANNOT cancel the policy? A. A guaranteed renewable policy B. A noncancellable policy C. A conditionally renewable policy An optionally renewable policy Iciary is known as A life with period certain. OB. Installment refund C life income .D. lump sum. PS! Which of the following is a whole life policy option that allows for a delinquent premium to be paid automatically by a new policy loan? A Term Rider. B. Fixed-period Installments. C. Automatic Premium Loan Option D. Spendthrift Clause A policy illustration given at time of sale does NOT typically include the A cash value of the policy. . B. names of the beneficiary OC. effective interest rate for policy loans. D. 10th and 20th year cost surrender value. When a provider does NOT have an agreement with the insurer for payment, they will be reimbursed As an absolute fee B. a relative fee C a usual, customary, and reasonable fee. D a non-scheduled plan customary fee

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_2

Step: 3

blur-text-image_3

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

Operational Auditing A Complete Guide

Authors: Gerardus Blokdyk

2019 Edition

0655515879, 978-0655515876

More Books

Students also viewed these Accounting questions

Question

Graph each equation. x y + 49 25 || 1

Answered: 1 week ago