What does the military suspense provision provide for insured individuals?

What does the military suspense provision provide for insured individuals?

• A. Permanent termination of the policy
• B. Temporary suspension while in military service
• C. Immediate benefits upon enlistment
• D. Increased benefits while serving

Answer: (B)

The military suspense provision allows individuals who are called to active military service to temporarily suspend their insurance policy without losing coverage. This means that while they are serving, they do not need to pay premiums, and their policy remains in effect. This provision is particularly important for service members, as it helps to alleviate financial concerns regarding maintaining their insurance while they are deployed or engaged in military duty. When the individual returns from service, the policy automatically resumes, ensuring that they have continuous coverage without having to reapply or undergo a new underwriting process. This provision is designed to protect military personnel and their families from the potential loss of benefits while they are fulfilling their service obligations. It acknowledges the unique circumstances faced by service members and provides them with critical support during their time away from civilian life.

The military suspense provision allows individuals who are called to active military service to temporarily suspend their insurance policy without losing coverage. This means that while they are serving, they do not need to pay premiums, and their policy remains in effect. This provision is particularly important for service members, as it helps to alleviate financial concerns regarding maintaining their insurance while they are deployed or engaged in military duty. When the individual returns from service, the policy automatically resumes, ensuring that they have continuous coverage without having to reapply or undergo a new underwriting process.

This provision is designed to protect military personnel and their families from the potential loss of benefits while they are fulfilling their service obligations. It acknowledges the unique circumstances faced by service members and provides them with critical support during their time away from civilian life.