Which of the following is an allowable reason for an insurer to rescind a long-term care partnership policy and to Denys claim?
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(d) An insurance company will only sell its Select policy to people for whom the probability of a stroke in the next ten years is less than .01. If a smoker with a systolic blood pressure of 230 applies for a Select policy, under what condition will the company sell him the policy if it adheres to this standard? (i) With this blood pressure measure, this person cannot qualify for a Select policy. (ii) The person must be 29 years old or younger. (iii) The person must be at least 29 years old. (iv) No smoker can qualify for a Select policy. (e) What other factors could be included in the model as independent variables? Choose the correct answer below. (i) Family History of Stroke (ii) Weight/obesity (iii) Gender (iv) All of the above
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