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An insurer denied payment of the life insurance proceeds to the beneficiary. The insurer claimed ...

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An insurer denied payment of the life insurance proceeds to the beneficiary. The insurer claimed ...

An insurer denied payment of the life insurance proceeds to the beneficiary. The insurer claimed that during the application process, the insured hinted that she might be concealing something material. The life insurance agent made a note about this possibility and filed it with other related documents sixteen months ago when the policy was written. Which life insurance contractual provision protects the beneficiary by not permitting the insurer to introduce his outside information to deny the claim?
A) entire contract clause
B) incontestable clause
C) reinstatement clause
D) change-of-plan provision

Textbook

Principles of Risk Management and Insurance

Edition: 12^th

Authors: Rejda, McNamara

Read 118 times

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AzJose Author

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6 years ago

Muchas gracias mi amigo Wink Face

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