Bruce lied about his health history when he purchased a life insurance

Bruce lied about his health history when he purchased a life insurance policy. He died 3 years after the policy was issued.

Which life insurance policy provision will require the life insurer to pay the beneficiary even though Bruce lied on the application?
A) incontestable clause
B) entire contract clause
C) ownership clause
D) change-of-plan provision

 

 

ANSWER

Answer: A

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