From the following, identify that which applies to an applicant’s misstatement on an application for insurance.

Insurance

Are you looking for the correct answer to the question “From the following, identify that which applies to an applicant’s misstatement on an application for insurance.”? If that’s the case, you don’t have to worry anymore. Azanswer team is here with the right answer to your question. Please check below to know the answer.

From the following, identify that which applies to an applicant’s misstatement on an application for insurance.

1. Should the misstatement be made with express intent to mislead the insurer it is considered fraud.

2. Should the misstatement not be material to the Company’s decision it may not affect the application.

A.1 only

B.2 only

C.1 and 2

Answer: C.1 and 2

The above question From the following, identify that which applies to an applicant’s misstatement on an application for insurance., Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.