You meet with Una, a prospective client, for a discussion about insurance, After a thorough needs...

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You meet with Una, a prospective client, for a discussion about insurance, After a thorough needs analysis, you recommend that tna purchase a cancellable individual disability insurance policy that would provide a $2,500 monthly benefit, with a 5-year benefit period, and a 60-day waiting period. Una agrees with your recommendation, however the premium is more than she can afford. Una asks you if there is any way to modify the policy to make the premium more affordable. Given Una's objective of affordability, which of the following policies would be the BEST option for Una? A non-cancellable policy with a monthly benefit of $2,500, a 5-year benefit period, and a 90 day waiting period. A guaranteed renewable policy with a monthly benefit of $2,500, a S-year benefit period, and a 90-day waiting period. A cancellable policy with a morithly benefit of $2.500, a 5-year benefit period, and a 90-day waiting period A guaranteed issue policy with a monthly benefit of $2,500, a S-year benefit period, and a 90-day waiting period. 17. You meet with Una, a prospective client, for a discussion about insurance, After a thorough needs analysis, you recommend that tna purchase a cancellable individual disability insurance policy that would provide a $2,500 monthly benefit, with a 5-year benefit period, and a 60-day waiting period. Una agrees with your recommendation, however the premium is more than she can afford. Una asks you if there is any way to modify the policy to make the premium more affordable. Given Una's objective of affordability, which of the following policies would be the BEST option for Una? A non-cancellable policy with a monthly benefit of $2,500, a 5-year benefit period, and a 90 day waiting period. A guaranteed renewable policy with a monthly benefit of $2,500, a S-year benefit period, and a 90-day waiting period. A cancellable policy with a morithly benefit of $2.500, a 5-year benefit period, and a 90-day waiting period A guaranteed issue policy with a monthly benefit of $2,500, a S-year benefit period, and a 90-day waiting period. 17.

Answer rating: 100% (QA)

Answer A This is because a noncancellable policy will ... View the full answer