Incontestability clauses prevent the insurer from asserting certain defenses.
Correct Answer:
Verified
Q17: Insurance companies deal with risk through risk
Q18: An insurance contract is called a premium
Q19: When a broker deals with an applicant
Q20: A filled-in application for insurance is usually
Q21: Bram applies for a homeowners' insurance policy
Q23: Ross applies for a life insurance policy
Q24: The insurer can cancel a policy only
Q25: Insurance protection may compensate for
A) the injury
Q26: State statutes commonly require that life and
Q27: An insurer does not have a duty
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