Ace the Arkansas Insurance Adjuster Exam 2025 – Switch Up Your Career Mojo! Flash Cards

Question: 1 / 400

Jason's auto policy states that the insurer may cancel coverage if a premium is more than 30 days late. What is likely to happen when Jason gets into an accident after being late on his payment more than 30 days for the fifth time in a year?

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The insurer will pay the claim because of the implied waiver they have made by not canceling Jason's policy the previous times he was late with his payments.

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