Ask Question
10 September, 20:18

An insured purchased a life policy in 2010 and died in 2017. The insurance company discovers at that time that the insured had concealed information during the application process. What can they do?

+5
Answers (1)
  1. 10 September, 23:17
    0
    The correct answer is : They have to pay the death benefit

    Explanation:

    A life insurance purpose is to provide financial protection to surviving dependents after death. According to this, they have to pay the death benefit because the Insurance company didn't do the right research about the insured. It is essential for the company to analyze the whole information given in order to provide the service.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “An insured purchased a life policy in 2010 and died in 2017. The insurance company discovers at that time that the insured had concealed ...” in 📘 Social Studies if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers