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    3. Insurance and Financial Market Awareness
    4. Insurance Awareness
    5. Failure to disclose material facts can make the policy:

    Question

    Failure to disclose material facts can make the policy:

    A Valid Correct Answer Incorrect Answer
    B Voidable Correct Answer Incorrect Answer
    C Enforceable Correct Answer Incorrect Answer
    D Automatically renewed Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Explanation: Failure to disclose material facts can make the insurance contract voidable at the insurer's option.

    Practice Next
      More Insurance Awareness Questions
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