Question: Options are 1. decrease the premium 2.Cancel the policy 3.Increase the premium 4.Nothing as the policy has already been issued. Which is the right ans?

Options are 1. decrease the premium 2.Cancel the policy 3.Increase the premium 4.Nothing as the policy has already been issued.

Which is the right ans?

Marsha has an individual disability policy she purchased when she was a secretary for a lage corporation. She recently decided to switch occupations to one that will generate a larger income and at the same time allow her to enjoy her combined passions of photography and diving. With reference to her existing disability policy. What is the insurer likely to do?

1.Decrease the premium

2.Cancel the policy

3.Increase the premium

4.Nothing as the policy has already been issued.

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