Once a life insurance policy is issued,the insurance company cannot refuse to pay a death benefit.

Name: Once a life insurance policy is issued,the insurance company cannot refuse to pay a death benefit.
Brand: Quizplus
Rating: 4.9 (52 reviews)

Question

Quizplus · Accepted Answer

Once a life insurance policy is issued and in force, the insurance company is contractually obligated to pay the death benefit upon the death of the insured, as long as the premiums have been paid and there are no material misrepresentations or fraud involved.

Once a Life Insurance Policy Is Issued,the Insurance Company Cannot