It Is a Contractual Clause Allowing the Insured to Continue

question 362

Multiple Choice

It is a contractual clause allowing the insured to continue insurance only at the insurer's option. What is it?

• A) Waiting period
• B) Guaranteed Renewability
• C) Optional renewability
• D) ADL

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Definitions:

Investors

Persons or organizations that invest funds hoping to gain financial profits.

AUM

The cumulative market value of all investments managed by an individual or organization for its clients.

Net IRR

Net Internal Rate of Return is a performance measure that calculates the profitability of an investment adjusted for all cash flows and costs incurred.

Investors

Individuals or entities that allocate capital with the expectation of receiving financial returns, which can involve a variety of assets including stocks, bonds, and real estate.