The insured dies 6 months after the policy issue date. Upon death of the insured, it is determined that the applicant made a material misstatement on the application. What is the most likely course of action for the insurer?
A. Rescind the policy
B. An administrative hearing by the DOI
C. A hearing by a court of law to determine the appropriate actions
D. No course of action allowed since the policy has already been issued
Ans: A. Rescind the policy
Business
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Consider the adjacent work stations in this two card Kanban system. There is a move card located:
A) in box A. B) in box B. C) both in box A and box C. D) in box C.
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