With an optionally renewable policy, the insurance company reserves the right to
A) cancel the policy at any time with 5 days' notice
B) terminate coverage at any policy anniversary date or premium due date
C) modify the coverage if claims filed by the insured exceed an amount specified in the policy
D) increase the premium on a policy if benefits paid to an insured exceed a stated amount
Ans: B) terminate coverage at any policy anniversary date or premium due date
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The over-the-counter market is
A) the New York Stock Exchange. B) an organized stock exchange. C) a physical place where securities are bought and sold. D) an intangible market for unlisted securities. E) where commodities futures are bought and sold.
A single-sided e-marketplace is a private e-marketplace in which one company makes purchases from invited suppliers
Indicate whether the statement is true or false