Arun started a 20-year term insurance policy. Once established, when, if at all, is the insurer next entitled to ask him for proof of continuing good health?

At no point
After the end of the first 12 months
At the point when he changes occupation or retires
When a lapsed policy is revived

The correct answer is: A. At no point.

Once a term insurance policy is established, the insurer is not entitled to ask for proof of continuing good health at any point during the term of the policy. This is because the premium for a term insurance policy is based on the insured’s age and health at the time the policy is taken out. The insurer does not need to re-evaluate the insured’s health at any point during the term of the policy, as the risk of death is considered to be constant.

However, there are some exceptions to this rule. For example, if the insured changes occupation or retires, the insurer may ask for proof of continuing good health in order to determine whether the new occupation or retirement will increase the risk of death. Additionally, if the policy lapses, the insurer may ask for proof of continuing good health in order to reinstate the policy.

In general, however, the insurer is not entitled to ask for proof of continuing good health at any point during the term of a term insurance policy.