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Anni [7]
3 years ago
7

S takes out a health insurance policy which contains a provision that states that the agent does not have the authority to chang

e the policy or waive any of its provisions. Which health policy provision is this?
1. Legal Actions
2. Insurance with other insurers
3. Entire Contract
4. Reinstatement
Business
1 answer:
Amiraneli [1.4K]3 years ago
6 0

Answer:

Option "3" is the correct answer for the following situation.

Entire Contract

Explanation:

S takes out a whole contract of medical insurance which includes a clause specifying that the provider has no power to change the contract or to remove any of its clauses.

  • The entire contract is a type of agreement where both sides need to deliver on the promise in a contract.
  • The purpose of this sort of contract is to satisfy the whole of the contract. This kind of contract is also referred to as an indivisible contract.
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