Betty accidentally misstates her age on her application for an individual health insurance policy. The insurer discovers this error after the incontestability period. What will the insurer do?

Insurance

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Betty accidentally misstates her age on her application for an individual health insurance policy. The insurer discovers this error after the incontestability period. What will the insurer do?

a. Nothing _ the insurer cannot contest misstatements made on the policy application after the incontestability period ends.

b. The insurer will void Betty’s policy.

c. The insurer will increase her premiums.

d. The insurer will adjust her policy benefits.

Answer: d. The insurer will adjust her policy benefits.

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