Ask Question
8 November, 23:43

Zeke purchased a life insurance policy 4 years ago. he inadvertently stated that he was 3 years younger than his actual age. if zeke dies today, how much will the insurance company pay

+3
Answers (1)
  1. 9 November, 02:53
    0
    It would be less than the policy face value. If the age of the covered was misstated when the policy was commenced, then the face value of the policy will be in sync to the amount that the funded premiums would have subscribed if the true age was given.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Zeke purchased a life insurance policy 4 years ago. he inadvertently stated that he was 3 years younger than his actual age. if zeke dies ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers