Jordan completed an application for life insurance and paid the initial premium. When his agent delivers the policy, the premium is higher. This is because

Insurance

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Jordan completed an application for life insurance and paid the initial premium. When his agent delivers the policy, the premium is higher. This is because

A) the underwriters determined Jordan to be a preferred risk

B) the underwriters determined Jordan to be a substandard risk

C) Jordan was late last month paying his auto insurance premium

D) the insurance company took a rate increase

Answer: the underwriters determined Jordan to be a substandard risk

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