asked 34.4k views
3 votes
What happens if an applicant discovers that there has been inaccurate or incomplete information in any report used during the underwriting process for life insurance?

1 Answer

4 votes

Answer:

In a case where an inaccurate or incomplete information has been used for any report for a life insurance, the applicant has every right to question the reasons for the errors and challenge the incomplete or inaccurate information. It is the responsibility of the insurer to provide either a form for change of information or correction of information to the applicant. Life insurance requires adequate and accurate information.

Step-by-step explanation:

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User Alex Waters
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