Question

Under what circumstances does the cost of a pre-policy checkup get reimbursed by the insurer?

a.

Only if the policy is not accepted for underwriting

b.

Only if the proposal is rejected

c.

If the policy is accepted for underwriting

d.

If the policyholder changes their mind and cancels the policy

Posted under IC38 Life Insurance Agent Exam

Answer: (c).If the policy is accepted for underwriting Explanation:The cost of a pre-policy checkup is reimbursed by the insurer if the proposal is accepted for underwriting.

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Q. Under what circumstances does the cost of a pre-policy checkup get reimbursed by the insurer?
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