A policy provision ensuring continued insurance coverage for the insured's lifetime as long as the premiums continue to be paid is known as:
A)a policy exclusion.
B)co-insurance.
C)a co-payment.
D)benefits duration.
E)renewability.

Question

Quizplus · Accepted Answer

Renewability is the feature in an insurance policy that guarantees the policyholder the ability to continue their coverage as long as premiums are paid, without the insurer being able to cancel it.

A Policy Provision Ensuring Continued Insurance Coverage for the Insured's