Rank the following renewability provisions in order from least favorable to most favorable in terms of benefit to an insured:

Rank the following renewability provisions in order from least favorable to most favorable in terms of benefit to an insured:



A. Cancellable, conditionally renewable, guaranteed renewable


B. Guaranteed renewable, noncancellable, cancellable


C. Guaranteed renewable, optionally renewable, conditionally renewable


D. Noncancellable, guaranteed renewable, optionally renewable



Answer: A.

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