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Which NAIC optional provision comes into play if the insured has a change in their occupation?

User Gsysko
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Final answer:

The NAIC's change of occupation provision allows adjustments to premiums or coverage when an insured's occupation changes to one with a different risk level.

Step-by-step explanation:

The NAIC optional provision that comes into play if an insured has a change in their occupation is known as the change of occupation provision. This provision allows the insurance company to adjust the premium or benefits if the insured's new occupation presents a significantly different level of risk compared to the occupation specified when the policy was issued. For example, if an insured person who originally had a desk job becomes a construction worker, their job now carries higher risks, and the insurance provider may increase their premiums or alter the coverage to reflect this greater risk.

User Shakara
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