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When Can an Insured Party Cancel an Insurance Policy

Question 73

Multiple Choice

When can an insured party cancel an insurance policy?


A) At any time
B) Once he or she is released from the insured
C) When he or she has paid the required amount of premiums under the policy
D) When he or she notifies the insurer and provides a 30-day notice of his or her intent to cancel the policy.
E) When he or she notifies the insurer and provides a 45-day notice of his or her intent to cancel the policy.

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