If, Mr. Brijesh, a 40-Years' Old Individual, is perceived as a 'Sub-Standard Risk', by the Insurance Company, then, Which One of the Following Statements, will Hold True, with Regard to Risk-Acceptance by the Insurance Company?

Question

TuteeHUB · Accepted Answer

Risk will be Declined.

TuteeHUB · Answer

Risk will be Accepted at Ordinary Rates.

TuteeHUB · Answer

Risk will be Accepted at Lower Rates.

TuteeHUB · Answer

Risk will be Accepted With an Extra, Over the Tabular Rate of Premium.

1.	If, Mr. Brijesh, a 40-Years' Old Individual, is perceived as a 'Sub-Standard Risk', by the Insurance Company, then, Which One of the Following Statements, will Hold True, with Regard to Risk-Acceptance by the Insurance Company?
A.	Risk will be Accepted at Ordinary Rates.
B.	Risk will be Accepted at Lower Rates.
C.	Risk will be Accepted With an Extra, Over the Tabular Rate of Premium.
D.	Risk will be Declined.
Answer» D. Risk will be Declined.

If, Mr. Brijesh, a 40-Years' Old Individual, is perceived as a 'Sub-Standard Risk', by the Insurance Company, then, Which One of the Following Statements, will Hold True, with Regard to Risk-Acceptance by the Insurance Company?

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