Disposiciones de Pólizas de VidaPregunta 540 de 716
Because a misstatement understated the insured's true (older) age, the premiums charged were too low. The adjusted death benefit will therefore be:
a.Higher than the stated face amount
b.Reduced to zero because the application was inaccurate
c.Exactly equal to the stated face amount
d.Lower than the stated face amount
Explicación
When the real age is older than stated, the premium paid was insufficient, so it would have purchased less coverage; the benefit is reduced accordingly. The policy is not voided, and the benefit is neither unchanged nor increased.
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Preguntas relacionadas de este tema
- Which of the following is NOT a typical requirement or effect of reinstating a lapsed life policy?
- A major advantage of reinstating a lapsed policy rather than buying a brand-new one is that:
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Revisado por John Zihao Zhang — California-Licensed Life Insurance Agent (CA Dept. of Insurance License #4396095 — verificar)