Life & Health Insurance
Indiana State University
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Indiana Life & Health Insurance Exam Review
- Exam (elaborations) • 8 pages • 2024
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Indiana Life & Health Insurance Exam Review
An individual applies for a life policy. Two years ago he suffered a head injury from an accident, so he cannot remember parts of his past, but is otherwise competent. He has also been hospitalized for drug abuse, but does not remember this when applying for insurance. The insurer issues the policy and learn of his history one year later. What will probably happen?
a) The policy will be voided
b) The insurer will sue the insured for committing f...
Exam (elaborations)
Indiana Life & Health Insurance Exam Review
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Indiana Life & Health Insurance Exam Review An individual applies for a life policy. Two years ago he suffered a head injury from an accident, so he cannot remember parts of his past, but is otherwise competent. He has also been hospitalized for drug abuse, but does not remember this when applying for insurance. The insurer issues the policy and learn of his history one year later. What will probably happen? a) The policy will be voided b) The insurer will sue the insured for committing f...
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