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Examveda

Which of the following is not a material fact?

A. Hazardous occupation

B. Previous policies of the proposer

C. Health

D. None of the above

Answer: Option D

Solution(By Examveda Team)

Hazardous occupation, previous policies of the proposer and health are not a material fact. Material fact is a fact that is important, significant or essential to a reasonable person in deciding whether to engage or not to engage in a particular transaction, issue or matter at hand.

This Question Belongs to Commerce >> Insurance

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