Which of the following is a benefit of Sola's policies?

The choice that highlights a significant benefit of Sola's policies is the hassle-free payouts within 72 hours. This aspect emphasizes Sola's commitment to providing efficient and timely financial support to policyholders after a claim. Quick payouts can greatly alleviate the stress and financial burden that often accompany unexpected events, allowing individuals and businesses to recover more swiftly.

In contrast to this benefit, the other options do not present favorable features of Sola's policies. Increased premiums after every claim would typically discourage policyholders since it adds a financial burden rather than providing them with stability. Similarly, extensive underwriting processes can complicate the policy acquisition and selection, making it less accessible for customers. Lastly, policy cancellation after the first claim is likely to create anxiety for policyholders, undermining trust in the insurer and deterring them from making necessary claims when they need assistance the most. Therefore, the emphasis on fast payouts represents a key competitive advantage and positive aspect of Sola's offerings.