ABC Life Insurance Company insures both smokers and nonsmokers. Beth lied on her life insurance application, checking the box for “no” in response to the question of whether she smokes cigarettes or uses other tobacco products. Even though Beth smokes 10 to 15 cigarettes each day, the policy was issued at the “preferred nonsmoker rate.” Beth’s lie is materiel in this case because

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ABC Life Insurance Company insures both smokers and nonsmokers. Beth lied on her life insurance application, checking the box for “no” in response to the question of whether she smokes cigarettes or uses other tobacco products. Even though Beth smokes 10 to 15 cigarettes each day, the policy was issued at the “preferred nonsmoker rate.” Beth’s lie is materiel in this case because

Options

A) it was in writing on the application.
B) it was given with the intent to deceive.
C) the policy would have been issued on different terms if the insurer knew the true facts.
D) the policy would have been issued for a lower face value if the insurer knew the true facts.

Answer: C) the policy would have been issued on different terms if the insurer knew the true facts.

The above question ABC Life Insurance Company insures both smokers and nonsmokers. Beth lied on her life insurance application, checking the box for “no” in response to the question of whether she smokes cigarettes or uses other tobacco products. Even though Beth smokes 10 to 15 cigarettes each day, the policy was issued at the “preferred nonsmoker rate.” Beth’s lie is materiel in this case because, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.