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Question 32 of 95

An insured misstates her age at the time the life insurance application is taken. This misstatement may result in

A. Automatic policy lapse.
B. Recession of the policy.
C. Adjustment in the amount of death benefit.
D. No change to the policy.

Sagot :

GinnyAnsweridn

Final answer:

Policy misstatements in life insurance applications can result in policy recession or adjustment in death benefit.


Explanation:

Policy misstatements regarding age in life insurance applications can lead to various outcomes. In this case, the misstatement may result in recession of the policy, where the validity of the policy could be questioned or adjustment in the amount of death benefit may occur to reflect the accurate information.


Learn more about Life insurance policy misstatement outcomes here:

https://brainly.com/question/41159848


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