Question

When may an insurer require a medical examination or other evidence of insurability for policy revival?

a.

Only when the policy has been in a lapsed state for a very short period of time

b.

If the insurer suspects that a health problem may be present

c.

If the policyholder requests it

d.

In all cases of policy revival

Posted under IC38 Life Insurance Agent Exam

Answer: (b).If the insurer suspects that a health problem may be present Explanation:An insurer may require a medical examination or other evidence of insurability for policy revival if they suspect that a health problem may be present, or in certain other circumstances, such as a policy being in a lapsed state for an extended period.

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Q. When may an insurer require a medical examination or other evidence of insurability for policy revival?
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