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If an Insurance Company Wants to Cancel a Policy, It

question 5

True/False

If an insurance company wants to cancel a policy, it must provide the insured with a grace period, but it does not have to provide advanced notice.


Definitions:

Voluntary Function

Actions or processes in the body controlled by an individual's conscious decision.

Paralysis

The loss of the ability to move one or more muscles, often as a result of injury or disease affecting the nervous system.

Temporary

Describing a situation, role, or condition that is not permanent and is intended to last for only a limited period of time.

Positive Diagnosis

The conclusive identification of a disease or condition based on the presence of specific symptoms, signs, or test results.

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