Are you looking for the correct answer to the question “S has been insured with EFY Insurance for 8 years. When her agent left EFY, his manager discovered S’s policy in the agent’s desk drawer, and learned that in the 8 years S has owned this policy, she has never been given a copy. Nine days later, S calls to tell the manager she does not want the policy. What will happen?”? 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.
S has been insured with EFY Insurance for 8 years. When her agent left EFY, his manager discovered S’s policy in the agent’s desk drawer, and learned that in the 8 years S has owned this policy, she has never been given a copy. Nine days later, S calls to tell the manager she does not want the policy. What will happen?
Options
a. All premiums S has paid into the policy will be refunded.
b. S will receive the premiums she has paid, plus the interest earned, but the policy will be canceled.
c. Nothing-the free look period has expired.
d. S will receive the full policy face value.
Answer: A
The above question S has been insured with EFY Insurance for 8 years. When her agent left EFY, his manager discovered S’s policy in the agent’s desk drawer, and learned that in the 8 years S has owned this policy, she has never been given a copy. Nine days later, S calls to tell the manager she does not want the policy. What will happen?, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.
