Fundamentos de Accidente y SaludPregunta 486 de 716
Under a 'guaranteed renewable' health policy, the insurer:
a.May refuse to renew if the insured's health worsens
b.May raise an individual's premium based on that person's own claims experience alone
c.May cancel the policy at each renewal date
d.Must renew the policy but may adjust premiums only for an entire class of insureds
Explicación
A guaranteed renewable policy requires the insurer to renew the coverage (usually to a stated age) and forbids singling out an individual for a rate increase or nonrenewal; premiums can be changed only for an entire class of similar policyholders. The insurer cannot cancel at renewal, cannot raise one person's premium for their own claims, and cannot refuse renewal because health declined. This provision sits between the stronger noncancelable and weaker conditionally renewable forms.
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Revisado por John Zihao Zhang — California-Licensed Life Insurance Agent (CA Dept. of Insurance License #4396095 — verificar)