Question

What does the proposer need to declare regarding any past insurer actions, like policy refusals or premium increases?

a.

The proposer is not required to declare any past insurer actions.

b.

The proposer must declare all past insurer actions, but they don't affect the new policy.

c.

The proposer must declare any past insurer actions, and they can impact the new policy.

d.

The proposer must declare all past insurer actions, and they can void the new policy.

Answer: (c).The proposer must declare any past insurer actions, and they can impact the new policy. Explanation:The proposer needs to declare any past insurer actions, and these declarations can impact the terms of the new policy.

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Q. What does the proposer need to declare regarding any past insurer actions, like policy refusals or premium increases?

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