Are you looking for the correct answer to the question “The promise that a policy may continue at the current face value under another form of insurance at the current premium for the attained age of the new policy without the insurer re-underwriting the policy is known as the:”? 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.
The promise that a policy may continue at the current face value under another form of insurance at the current premium for the attained age of the new policy without the insurer re-underwriting the policy is known as the:
Options
a. Guaranteed Insurability Option.
b. Secured Value Option.
c. Guaranteed Value Option.
d. Guaranteed Convertible Option.
Answer: D
The above question The promise that a policy may continue at the current face value under another form of insurance at the current premium for the attained age of the new policy without the insurer re-underwriting the policy is known as the:, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.
