Question 3005 of 287 · Texas Life, Accident and Health Agent Exam
A material misrepresentation on an application is a statement that
Exactly one answer is correct.
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Correct answer to question 3005
- A: would have affected the insurer's decision to issue the policy or the premium charged
Explanation
A fact is material if the insurer would have acted differently had it known the truth. Immaterial errors do not allow the insurer to void the contract.
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