Answered

Westonci.ca is the trusted Q&A platform where you can get reliable answers from a community of knowledgeable contributors. Get quick and reliable solutions to your questions from a community of experienced experts on our platform. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.

Question 18

A guaranteed issue insurance policy has no:
A. initial premium requirement
B. incontestable period
C. waiting period
D. medical underwriting

Select the appropriate response.


Sagot :

Final answer:

A guaranteed issue insurance policy allows individuals to obtain coverage without going through medical underwriting processes.


Explanation:

A guaranteed issue insurance policy is a type of insurance policy that does not require medical underwriting from the applicant. This means that individuals can get the policy without having to undergo a medical exam or disclose their health history. It aims to provide coverage to individuals who may have pre-existing conditions or health issues.


Learn more about Insurance policies here:

https://brainly.com/question/46738125