Business Studies, asked by parwaldipesh4, 8 months ago



Rishabh has taken Our life insurance policy hiding the fact that he is a
heart patient. later on He dies of a heart attack. is insurance company
liable to pay the insured amount to heirs of Rishab? Why?

Answers

Answered by josephk6929
10

Answer:

NO its fraud to lie on insurance forms

Explanation:

because the company should make the consumer undergo lab test and health reports to be submitted not only the fees for the insurance should be collected by the company.

the question liable to pay is : Lying on an insurance application can be an expensive mistake and its a  termed fraud by the  Insurance Information Institute

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