Term
| during a period of war, some insurers may insert a |
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Definition
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Term
| excludes pmt if the insured dies as a direct result of war |
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Definition
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Term
| purpose is to reduce adverse selection against the insurer when large numbers of new insureds may be exposed to death during wartime |
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Definition
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Term
| aviation death claims are paid like any other |
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Definition
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Term
| most newly issued policies do not contain any exclusion w/ respect to |
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Definition
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Term
| some insurers exclude aviation deaths other than as a |
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Definition
| fare-paying passenger on a regularly scheduled airplane |
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Term
| one who does not meet certain flight standards may have an aviation exclusion rider inserted into the policy or be charged a higher premium |
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Definition
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Term
| undesirable activities or hobbies discovered during underwriting may be excluded or |
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Definition
| covered only by pmt of an extra premium |
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