Question 6027 of 287 · Texas Life, Accident and Health Agent Exam
A noncancelable health policy
Exactly one answer is correct.
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Correct answer to question 6027
- A: cannot be canceled or have premiums increased by the insurer, as long as the insured pays premiums on time to a stated age
Explanation
Noncancelable policies give the highest degree of protection. The insurer guarantees the premium rate and renewal.
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