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Bob works as a coal miner. He decides to change jobs and become an insurance agent. He notified his insurance company about his job change. According to the change of occupation provision, the insurer will:
a. Raise his premiums
b. Lower his premiums
c. Adjust the benefits
d. Adjust the benefits and the premiums
Answer: b. Lower his premiums
You should now have gotten the answer to your question “Bob works as a coal miner. He decides to change jobs and become an insurance agent. He notified his insurance company about his job change. According to the change of occupation provision, the insurer will:”, which was part of Insurance MCQs & Answers. Thanks for choosing us.