In which of the following circumstances can an insurer void an insurance contract?
A) The insured made material misrepresentations in the insurance application and if the insurer would have known of these material representations, it would have rejected the application.
B) The insured made material misrepresentations in the insurance application, regardless if the misrepresentation would have altered the insurer's decision to issue the policy.
C) The insured failed to disclose any fact; material or nonmaterial, on the insurance application and the insurer relied on the information contained in the application when it issued the policy.
D) The insured made material misrepresentations in the insurance application, but the insurer knew these representations were likely false when it issued the policy.
E) The insured made material misrepresentations in the insurance application, but the insurer did not rely on these representations when it issued the policy.
Correct Answer:
Verified
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