If Geoff makes a fraudulent statement about his medical history and fails to disclose relevant facts about his medical history in his application for insurance, the insurance company _____.

Question

Quizplus · Accepted Answer

Misrepresentation of material facts or failure to disclose such facts generally has the same effect in insurance cases that it does in other contracts cases; it makes the contract voidable at the election of the insurer. Thus, the insurance company has the right to cancel Geoff's policy because of his fraudulent statements about his medical history.

If Geoff Makes a Fraudulent Statement About His Medical History