Actuarial Notes

Exam DISC-IA Practice Question 407

Study guide: Exam DISC-IA

An insurer's new six-month PAP (ISO PP 00 01 09 18), not a renewal, has been in force for 90 days, and the premium is paid. Which reason allows the insurer to cancel it now, and with how much notice?

  • A) The named insured got two speeding tickets last month; 10 days' notice
  • B) The insurer has decided to stop writing auto insurance in that county; 20 days' notice
  • C) A resident driver's license was suspended last month; 20 days' notice
  • D) The named insured moved to a higher-rated territory; 10 days' notice

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