Risk Management and Insurance > EXAM > alifornia Life Accident and Health agent exam already passed (All)
n applicant for a health insurance policy is found to be a substandard risk, the insurance company is most likely to A) lower its insurability standards B) refuse to issue the policy C) charge an... extra premium D) require a yearly medical examination C) charge and extra premium The premium rate will be adjusted to relflect the insurer's risk According to California Insurance Code, which of the following can be classified as an insurable event? A) extreme levels of loss B) pure risks C) unpredictable losses D) speculative risks B) pure risks [Show More]
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