Anvi owns individual disability insurance that she purchased 5 years ago. At the time of application, she was s
semi-professional boxer. Gamma Insurance Inc. offered her the disability policy with an exclusion stating that
if she became disabled while boxing, the benefit would not be paid. This week, while reviewing her insurance
needs with Tyron, her insurance agent, she mentions that she retired from boxing and wants to know how, or if,
this will affect her policy. What should Tyron tell her?
Select one correct answer from the list
1 The policy will be unaffected
2. The exclusion may be removed, but the premiums will remain the same
3 The exclusion may be removed, and the premiums will decrease.
4 The exclusion may be removed, and the benefit will increase