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Which of the following statements is incorrect with respect to disability contracts? Question 7Answer a. Age and employment may be reasons for cancellation of a
Which of the following statements is incorrect with respect to disability contracts? Question 7Answer a. Age and employment may be reasons for cancellation of a conditionally renewable policy. b. With a non-cancellable policy, the insurer can increase premiums only if it increases the premium rates for an entire class of policies. c. The insurer of an optionally renewable policy can modify coverage provisions and/or increase premium rates for a class of policies. d. The premium rates on a non-cancellable policy are guaranteed to not increase above the rates at the time of issue
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