All of the following are alternatives an insurer may have when asked to insure a substandard risk, EXCEPT:

All of the following are alternatives an insurer may have when asked to insure a substandard risk, EXCEPT:


A. Attach a rider to the policy excluding certain coverages or conditions


B. Limit the coverages of the policy


C. Charge a higher than standard premium


D. Issue the policy with a waiting period after which the insurer may cancel the policy



Answer: D.


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