Explore the concept of insurability in general insurance terms. Learn what makes a person or property an acceptable risk for insurance companies.
Learn about renewable term life insurance, which allows policyholders to renew their term life policy without needing to provide evidence of insurability. Discover how this type of policy works and its benefits.
Learn about the open enrollment period in health insurance, during which you can switch plans without needing proof of insurability. Ensure you make informed decisions about your health coverage.
Learn about the future increase option in health insurance, an option to augment disability benefits without re-establishing insurability. Available at predetermined times listed in the contract.
Discover the significance of the Initial Eligibility Period in Health Insurance, allowing prospective insureds to apply for coverage without proving insurability.
