Optionally renewable is best described as:

Insurance

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Optionally renewable is best described as:

a. Cannot be canceled by the insurer

b. Guarantees continuation of coverage for the insured until the insured reaches a specified age

c. The insurer has the right to non-renew a contract for any reason specified in the policy

d. The insurer has the right to non-renew a contract for any reason

Answer: d. The insurer has the right to non-renew a contract for any reason

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