Are you looking for the correct answer to the question “If an insured has a claim when they have not paid the entire required annual premium for an accident or disability policy, what will the insurer do?”? If that’s the case, you don’t have to worry anymore. AzAnswer team is here with the right answer to your question. Please check below to know the answer.
If an insured has a claim when they have not paid the entire required annual premium for an accident or disability policy, what will the insurer do?
Options
a. Deny the claim payment.
b. Pay the claim in full, minus any deductible.
c. Deduct the unpaid premium from the claim settlement amount.
d. Require the insured to pay the remainder of the premium before paying the claim.
Answer: C
The above question If an insured has a claim when they have not paid the entire required annual premium for an accident or disability policy, what will the insurer do?, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.
