The ________ Provision Allows You to Renew Your Health Insurance

question 10

Multiple Choice

The ________ provision allows you to renew your health insurance policy regardless of your health until you reach some preset age, generally 65.

• A) exclusion
• B) guaranteed renewability
• C) preexisting conditions
• D) disability

---

Definitions:

Market

The collective system of buying, selling, and trading goods, services, or financial instruments among buyers, sellers, and intermediaries.

Discounted

Discounted involves adjusting the value of future cash flows to their present value using a specific interest rate, to account for time and risk.

Beta

A measure of the volatility, or systematic risk, of a security or portfolio in comparison to the market as a whole.

Systematic Risk

The risk inherent to the entire market or market segment, which is unavoidable through diversification.