A&H Policy ProvisionsQuestion 38 of 315
Under a guaranteed renewable individual health policy, what may the insurer do at renewal?
a.Cancel the policy for poor claims experience
b.Raise the premium for an entire class of insureds, but must still renew
c.Raise the premium only for that individual insured
d.Refuse to renew any time during the contract period
Explanation
Guaranteed renewable means the insurer must renew up to the stated age, cannot cancel except for non-payment, and may only adjust premiums on a class basis — never against a single insured.
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