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What else can I help you with?
What does NTU rate mean in regards to Life Insurance?
non take up
Types of misrepresentation?
fraudulent misrepresentation. negligent misrepresentation. innocent misrepresentation.
What is meant by 'pre-issuance' in regards to mortgage insurance?
What is the purpose and and benefits of per mortgage insurance
Person a has a license but can't get insurance person b has a revoked license dui's can b get insurance and have a drive on b's policy?
Misrepresentation of the risk to the insurer by ommission of a known driver is Insurance Fraud. So the answer to your Question is "NO"
What is incontestable period in life insurance?
The Incontestable Clause in a life insurance policy states that after the policy is In Force two years, the insurance company cannot void it because of misrepresentation or concealment by the insured in obtaining the policy.
Examples of misrepresentation of facts?
Examples of misrepresentation of facts Examples of misrepresentation of facts
Insurance accident forgivness works when applicant lied about owning home?
An Insurer can void your policy and refuse coverage if it is determined you Intentionally lied on your auto insurance application. Fraud by Misrepresentation.
What does activity mean regards to medication taken orally?
what does activity mean regards to medication
Legal definition of misrepresentation?
misrepresentation
In order for concealment or misrepresentation to void a policy it must be?
In order for concealment or misrepresentation to void an insurance policy, it must be material to the risk being insured, meaning it significantly affects the insurer's decision to underwrite the policy or determine the premium. Additionally, the misrepresentation or concealment must be intentional or reckless, suggesting that the policyholder knowingly provided false information or omitted critical facts. If the misrepresentation is minor or unintentional, it may not be sufficient to void the policy.
What is incontestability clause in life insurance policies?
You can find this by looking at the "Incontestable Clause" in your life insurance policy. The "Incontestable Clause" states that after the life insurance policy is in force for two years, the insurance company cannot void it because of misrepresentation or concealment by the insured in obtaining the policy.
What is 'buyback deductible' in regards to property insurance?
you are a bell end if you want to know this
