1. A health insurance policy described as noncancelable means the insurer:

Cannot cancel the policy or raise the premium as long as premiums are paid, up to a stated age

A noncancelable policy guarantees renewal and a fixed premium to a stated age as long as premiums are paid.

2. Under a guaranteed renewable health policy, the insurer:

Must renew to a stated age but may change premiums by class

A guaranteed renewable policy must be renewed to a stated age, though premiums may be adjusted for an entire class.

3. A conditionally renewable health policy allows the insurer to:

Decline renewal only for reasons stated in the policy, not individual health

A conditionally renewable policy permits nonrenewal only for conditions stated in the contract, not the insured's deteriorating health.

4. The change of occupation provision in a health policy allows the insurer to:

Adjust benefits or premium if the insured changes to a more or less hazardous job

The change of occupation provision lets the insurer adjust benefits or premium when the insured moves to a more or less hazardous occupation.