Which General Policy Provision allows an insurer to adjust policy benefits and/or premium rates if...

Thechange of occupation provisionis a standard general policy provision in Pennsylvania Accident and Health Insurance policies. This provision allows the insurer to adjust benefits or premium rates if the insured changes to a more hazardous occupation after the policy has been issued.

Pennsylvania insurance education materials explain that if the insured moves into a higher-risk occupation, the insurer may reduce benefits to the amount the original premium would have purchased for that occupation. Conversely, if the insured moves to a less hazardous occupation, benefits may increase or premiums may decrease. The other answer choices are not recognized provisions related to occupational risk. Therefore, thechange of occupation provisionis the correct and verified answer under Pennsylvania Life, Accident, and Health Insurance standards.