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An Optionally Renewable Policy is a contract of health insurance in which the insurer reserves the right to terminate the coverage at any anniversary or, in some cases, at any premium due date, but does not have the right to terminate coverage between such dates.

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16y ago

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What are the five classifications of health insurance policies?

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What is an optionally renewable policy?

An optionally renewable policy is an insurance contract that gives the policyholder the right to renew the coverage at the end of the policy term, but does not obligate them to do so. The insurer typically has the option to adjust premiums or terms upon renewal. This type of policy provides flexibility for the insured, allowing them to assess their needs and the market conditions before deciding to continue coverage. It's commonly found in health and life insurance products.


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a uniform optionally pom-poms and sneakers


How many syllables are in the word optionally?

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Is heat a renewable or non renewable resource?

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Are eggs renewable or non-renewable resources?

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What events are held on Hanukkah?

Menorah-lighting, prayer services, and (optionally) parties.


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