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Question 48 - CTFA discussion

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If an income protection insurance (PHI) policy has reviewable premiums, this usually means that the insurance company can:

A.
Alter the cost of the cover
Answers
A.
Alter the cost of the cover
B.
Withdraw cover on any anniversary date
Answers
B.
Withdraw cover on any anniversary date
C.
Only increase premiums in line with inflation
Answers
C.
Only increase premiums in line with inflation
D.
Pay benefits for less than the full period of incapacity
Answers
D.
Pay benefits for less than the full period of incapacity
Suggested answer: A
asked 16/09/2024
Jyoti Gupta
40 questions
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