Question

Which of the following actions will an insurance company most likely NOT take if an applicant, who has diabetes, applies for a Disability Income policy? a) Increase premiums significantly

b) Deny coverage outright
c) Offer coverage without any adjustments
d) Request additional medical information or exams

Answer 1

When someone with diabetes applies for a Disability Income policy, an insurance company may request additional medical information or exams to assess the risk and determine the appropriate coverage and premiums option d.

Step-by-step explanation:

When an applicant with diabetes applies for a Disability Income policy, an insurance company is most likely to take the action of d) Requesting additional medical information or exams. This is because to accurately assess the risk of insuring someone with diabetes, the insurance company may need more detailed medical information to determine the appropriate coverage and premiums. The insurance company may use this additional information to make an informed decision about offering coverage, adjusting the premium, or potentially denying coverage.