Question 6

A change or modification to an accidental injury policy must be approved by an officer of the insurer.

Modifications to an accidental injury policy require the approval of an officer of the insurer to ensure that all changes are properly authorized and documented, maintaining the integrity of the policy.

A) May be made without the insured's knowledge

This option is incorrect because changes to an accidental injury policy should not be made without the insured's knowledge or consent. Such practices would undermine the trust and contractual relationship between the insurer and the insured.

B) Can be made only if premiums are increased

This choice is incorrect as modifications to a policy do not necessarily require an increase in premiums. Changes can occur for various reasons unrelated to payment adjustments, thus this option does not accurately reflect policy modification processes.

C) Must be approved by an officer of the insurer

This option is correct as it aligns with the standard procedures for modifying an insurance policy. Approval by an officer ensures that changes are legitimate and follow company policy guidelines.

D) Can be made only by the insured's insurance agent

This statement is incorrect because while an insurance agent may facilitate modifications, the final approval must come from an officer of the insurer. An agent alone does not have the authority to make such changes without higher-level approval.

Conclusion

The requirement for an officer's approval for modifications ensures proper oversight and adherence to regulatory standards within the insurance industry. The other options either misrepresent the process or suggest practices that compromise the integrity and trust inherent in insurance agreements. Thus, option C stands as the definitive correct answer.