When the insurer terminates an insurance policy, all of the following conditions apply, except one. Pick the Exception.
Understand the Problem
The question is asking about specific conditions related to the termination of an insurance policy, requiring the user to identify the exception among the provided options.
Answer
c) unless otherwise stated, the refund shall accompany the notice of termination.
The exception is c) unless otherwise stated, the refund shall accompany the notice of termination.
Answer for screen readers
The exception is c) unless otherwise stated, the refund shall accompany the notice of termination.
More Information
Typically, refunds do not accompany the notice of termination as there may be adjustments required based on the time elapsed.
Tips
Read through each option carefully to determine which condition does not typically apply to policy terminations.
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