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Which of the Following Statements Is (Are)true Regarding Exclusions in Life

question 18

Multiple Choice

Which of the following statements is (are) true regarding exclusions in life insurance contracts?
I.Life insurance policies are remarkably restrictive,including numerous exclusions.
II.A life insurer may exclude death attributable to certain activities or hobbies disclosed on the application.


Definitions:

Psychological Stressor

An event or situation that causes stress, affecting an individual’s psychological well-being.

Subconscious Processes

Mental activities below the level of conscious awareness that influence thoughts, feelings, and behaviors.

Lifetime Prevalence

The proportion of a population that at some point in their life (up to the time of assessment) have experienced a specific illness or condition.

Conversion Disorder

A mental health condition where psychological stress manifests as physical symptoms without a medical cause.

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