Question

Under what conditions can an insurance company cancel a health insurance policy?

a.

Anytime, without giving a reason

b.

Only on grounds of non-payment of premium

c.

Only on grounds of misrepresentation, fraud, non-disclosure of material facts, or non-cooperation by the insured

d.

Only if the policyholder makes a claim

Posted under IC38 Life Insurance Agent Exam

Answer: (c).Only on grounds of misrepresentation, fraud, non-disclosure of material facts, or non-cooperation by the insured Explanation:An insurance company can cancel a health insurance policy only on grounds of misrepresentation, fraud, non-disclosure of material facts, or non-cooperation by the insured.

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