The Failure by an Applicant to Disclose Material Facts That

question 70

Multiple Choice

The failure by an applicant to disclose material facts that an insurer does not know but has a right to know is called:

• A) misrepresentation.
• B) concealment.
• C) waiver.
• D) fidelity.

---

Definitions:

Cortisol Release

The process of the adrenal gland releasing cortisol, a steroid hormone, in response to stress or when blood sugar levels drop.

Life Expectancy

The average period that a person may expect to live, based on statistical averages of age, health, and other factors.

Smoker

An individual who regularly inhales smoke from burning substances, typically tobacco, as a habit or practice.

Non-Smoker

An individual who does not smoke tobacco products and is not exposed to smoke from tobacco.