Vidyalelo
Commerce · Q727

Insurance

Graduate and Post Graduate · Commerce · question 727

Q727

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

Answer: Option D

Solution

Answer: Option D
Solution:
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.