Điều khoản hợp đồng nhân thọCâu 540 / 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
Giải thích
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.
Luyện miễn phí toàn bộ 716 câu hỏi — không cần đăng ký.
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Câu hỏi liên quan cùng chủ đề
- 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:
- The insured's age was understated on a life application, and the error is found at the time of death. Under the misstatement of age provision, the insurer will:
- An insured dies by suicide 14 months after the policy was issued. The insurer will most likely:
- If suicide occurs after the policy's suicide-clause period (commonly two years) has elapsed, the insurer will:
- The free-look provision in a life insurance policy gives the policyowner the right to:
Cập nhật gần nhất: · quy trình kiểm tra
Đội ngũ PrepPass · Đối chiếu với California Life & Health Insurance License Exam · Quy trình kiểm tra
Người kiểm duyệt John Zihao Zhang — California-Licensed Life Insurance Agent (CA Dept. of Insurance License #4396095 — kiểm tra)