What is a material misstatement?

Insurance

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What is a material misstatement?

A. Stating that the proposed insured is 34 when in fact he or she is 35

B. One that is beyond the applicant’s knowledge and belief

C. One which would have caused the insurer to not issue the policy had it been known

D. Responding to a height and weight question with measurements 1 inch taller and 5 pounds lighter than is actually the case

Answer: C.

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