The Change of Occupation provision in a disability income policy states, in the event the insured changes to a less hazardous occupation, which may apply?
Benefits can be increased in the event of a covered claim
Which of the following Health insurance plans charge a prem that cannot be increased
Non cancelable, may not CHANGE in any way by the insurer up to a specified age, so long as the prems are paid. prems are not subject to changed beyond stated policy limits
Which of the following HI provisions requires that the application becomes part of the policy?
Entire Contract Clause
Periodic health claim payments MUST be made at least
Monthly. under an individual health policy, periodic claim payments must at least monthly. this applies primarily to disability income benefit payments
Disability income insurance normally excludes coverage for disabilities that arise from
active miliitary duty
An insured files for an accidnet and health insurance policy claim 8 days after the prem due date. the benefit payable is $500 and the overdue prem is$200. assuming that the policy pays on a first dollar basis and contains the unpaid prem provident, how m
$300, there is a grace period the unpaid prem may be subtracted from reimbursement
The standard provision of an A & HI policy require that the
the standard provisions of an A & HI requires the policy, attached papaers, and endoresements make up the entire contract
Omar is covered by disability income policy. he is hurt while preforming an occupation more hazardous than the occupation in his polcy. the pplic change of occupation provison will have what effect
Reduce the benefit level
Kelly purchases a HI issued on a conditionally renewable basis. the insurance co. had a right refuse renewal of the policy for
specific reasons stated in contract only
Who is protected with the "other insurance with the insurer" Provision
Insurance Co. allows the insurer to control over insurance through its own policies