Solved

Ollie Obtains a Health-Insurance Policy for His Family from Protection

Question 32

Multiple Choice

Ollie obtains a health-insurance policy for his family from Protection Insurance Company. The policy includes an incontestability clause. Under such a clause, after a policy has been in force for a specified period or time, such as two or three years


A) Ollie cannot contest Protection's insurable interest.
B) Ollie cannot contest Protection's refusal to pay a claim.
C) Protection cannot contest Ollie's eligibility for continued coverage.
D) Protection cannot contest Ollie's statements in the application.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents