a pilot applies for life insurance. the insurer approves the application with a $10 additional monthly premium modification due to the risk involved. the pilot declines the additonal premium modification. the insurer will then likely issue the coverage with a(n)

1 Answer

  • Considering the situation described, the insurer will likely issue the coverage with an Aviation Exclusion.

    The addition of Aviation Exclusion risk would curb the insurer's liability to that risk associated with the insurance contract.

    This implies that considering the tendency of a pilot to die (not as a fare-paying passenger) in a plane crash or Aviation accident. Still, as a pilot, the addition of Aviation Exclusion would limit or void the insurance policy related to life.

    Hence, in this case, it is concluded that the correct answer is "Aviation Exclusion."

    Learn more about Aviation Exclusion here: