Are you having trouble answering the question “What is a material misstatement?”? You don’t have to worry about it anymore. Azanswer team is here with the correct answer to your question.
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
You should now have gotten the answer to your question “What is a material misstatement?”, which was part of Insurance MCQs & Answers. Thanks for choosing us.