Answered

At Westonci.ca, we make it easy to get the answers you need from a community of informed and experienced contributors. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.

Which of the following do replacement rules apply to?

A. Whole life insurance

B. A policy used to fund an employee pension covered by ERISA

C. Credit life insurance

D. Group life insurance where there is no direct solicitation by an agent

Sagot :

GinnyAnswer

Final answer:

Replacement rules in insurance apply to particular insurance scenarios to safeguard fairness and consumer protection.


Explanation:

Replacement rules in insurance apply to certain scenarios; these include situations involving credit life insurance and group life insurance without direct solicitation by an agent. These rules dictate when a new policy is issued to replace an existing one, aiming to ensure fairness and consumer protection.


Learn more about Insurance replacement rules here:

https://brainly.com/question/38643854


Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. We're glad you visited Westonci.ca. Return anytime for updated answers from our knowledgeable team.