QUESTIONS AND ANSWERS
What happens when an insurance policy is backdated? - ANS The policy's effective date is
earlier than the present
In which of the following relationships would there not be an insurable interest? -
ANS Business owner to business customer
An insurer has a right to screen applicants for HIV in which of the following ways? -
ANS Blood test for HIV
Preferred risk policies with reduced premiums are issued by insurance companies because the
insured has - ANS better than average mortality or morbidity experience
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