Q285
Identify the correct option(s).
A.
Revival of a lapsed policy is subject to certain conditions as set out by the underwriter
B.
Revival of a lapsed policy cannot increase the risk for the insurer
C.
Fresh medical examination report is not always required for revival of a lapsed policy
D.
All of the above
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
All the given statements are correct. Revival of a lapsed policy is subject to certain conditions as set out by the underwriter, Revival of a lapsed policy cannot increase the risk for the insurer and Fresh medical examination report is not always required for revival of a lapsed policy.