Question

If the insured dies due to a condition that has been excluded from the policy, what does the insurance company do?

a.

Denies payment of the claim to the nominee(s)

b.

Pays the claim in full

c.

Increases the premium amount

d.

Cancels the policy

Posted under IC22 Life Insurance Underwriting

Answer: (a).Denies payment of the claim to the nominee(s) Explanation:If the insured dies due to a condition that has been excluded from the policy, the insurance company denies payment of the claim to the nominee(s).

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Q. If the insured dies due to a condition that has been excluded from the policy, what does the insurance company do?
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