After Joe died, Well Life Insurance Company discovered that he had misrepresented his health status when he applied for a life insurance policy 7 years ago. The insurer
A) can void the policy
B) does not have to pay the death benefit
C) cannot void or revoke the policy
D) must prove the misrepresentation was material before voiding the policy"
Ans: C) cannot void or revoke the policy
Business
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An individual 401(k) plan combines a profit sharing plan with an individual 401(k) plan.
a. true b. false
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