Examlex
In the HSD test where k = 3 if the lowest and highest pair comparison is nonsignificant, none of the other comparisons will be significant either.
Insurer Payment
The money paid by an insurance company to a claimant or policyholder in the event of a loss covered by the policy.
Incontestability Clause
A provision in a life insurance policy stating that after a certain period of time, the insurer cannot contest the statements in the application.
Insurance Application
A formal request for coverage submitted to an insurer, detailing the terms and conditions.
Fraud Investigation
The process of examining activities to identify and investigate instances of fraudulent conduct.
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