When Dennis Applied for a Policy of Life Insurance,one of the Questions

question 52

Essay

When Dennis applied for a policy of life insurance,one of the questions on the medical questionnaire asked: "Have you ever been hospitalized?" Dennis answered truthfully that he had been hospitalized in 1993 to have his tonsils out and in 1996 to have his appendix out.The life insurance policy was issued.Sixteen months later Dennis died of a heart attack and the insurance company discovered that he had been hospitalized in 1985 due to a mild heart attack.The beneficiary of the life insurance policy applied for the death benefit,claiming quite correctly that Dennis had been truthful in the application,but the insurance company refused to pay the death benefit.What legal basis does the insurance company have for refusing to pay?

---

Definitions:

Variable

An element, feature, or factor that is liable to vary or change; essential for research to assess its effects in an experiment.

Interval Scale

A type of measurement scale that allows for the quantification and comparison of the magnitude of differences between items, but does not have a true zero point.

Five-Point Scale

A measurement tool or survey response option scale that utilizes five discrete points, often used for evaluating attitudes, opinions, or behaviors.

Participants

Individuals who take part in a study or experiment, contributing data for analysis.