Material facts are those that would help the insurer to decide...

Home / Commerce / Insurance / Question

Examveda

Material facts are those that would help the insurer to decide :

A. The acceptability of risk

B. The rate of premium to be charged

C. Both A & B

D. None are correct

Answer: Option C

Material facts are those that would help the insurer to decide the acceptability of risk and the rate of premium to be charged.

This Question Belongs to Commerce >> Insurance