MTHEL131 Lecture Notes - Lecture 8: Scuba Diving, Extreme Sport, Natural Disaster
6 Feb 2018
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2: laboratory tests, blood, urine, saliva, >200k insurance -> blood test, drop limit because of aids, saliva test for aids, and smoking, ekg: electro cardiogram, x-ray, m. i. b: medical information bureau, most applications have: application, examination, aps, questionnaire, tests. Interested in knowing if you have lived in a country that have diseases. In the last 2 years have you flown an air craft as pilot or crew member, aviation questionnaire. 3: applicant has right to refuse any tests, then insurer has right to not offer insurance, after 90 days, insurer (cid:272)an"t de(cid:272)ide -> decline application. Insurer provide temporary coverage (maybe not full amount) during 90 days. Fat -> loose weight, keep weight off -> rating is knocked off: 17%: decline financial underwriting, capital need analysis (cid:862)right of re(cid:272)ession(cid:863) if within 10 days of policy delivery, the policyholder can change their mind and cancel policy.
