A pilot applies for life insurance. The insurer approved the application with a $10 additional.

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03-01-2022
SAT

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A pilot applies for life insurance. The insurer approved the application with a $10 additional.

Sagot :

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Parrain Parrain · Answer 1 · 2022-01-07T12:00:27-05:00

The insurer will still be able to issue the coverage if they add an Aviation Exclusion to the contract.

An Aviation Exclusion:

Means that the insurer will not pay out if there was an aviation related crash on a private flight.
Reduces the risk to the insurer.

An aviation exclusion is a common clause that is used to reduce the exposure to the insurer in case the holder goes on a private flight.

The extra $10 was to protect this pilot from this but should the insurer remove it, they will then insert the aviation exclusion clause to reduce the risk they will cover.

In conclusion, an aviation exclusion clause will be used.

Find out more about an aviation exclusion clause at https://brainly.com/question/25771180.

A pilot applies for life insurance. The insurer approved the application with a $10 additional.

Sagot :

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