Are you having trouble answering the question “Which of the following best describes a guaranteed renewable accident and health insurance policy?”? You don’t have to worry about it anymore. Azanswer team is here with the correct answer to your question.
Which of the following best describes a guaranteed renewable accident and health insurance policy?
a. The insurer may not cancel the policy nor raise the premiums.
b. The insurer may cancel the policy at any time.
c. The insurer may increase the premium for an entire class of insureds.
d. The insurer may increase the premium for one insured.
Answer: c. The insurer may increase the premium for an entire class of insureds.
You should now have gotten the answer to your question “Which of the following best describes a guaranteed renewable accident and health insurance policy?”, which was part of Insurance MCQs & Answers. Thanks for choosing us.
