If the Insured Misrepresented Material Facts in the Application for Insurance,the

question 88

True/False

If the insured misrepresented material facts in the application for insurance,the insurance policy becomes void.

---

Definitions:

$514 Billion

A specific financial figure, possibly referring to the revenue, market value, or budget of an entity or sector.

Gross Domestic Product

The total value of all goods and services produced within a country's borders in a specified time period, serving as a comprehensive measure of economic activity.

Generation Z

The demographic cohort following Millennials, typically born from the mid-1990s to early 2010s, known for digital savviness.

Personalization

The practice of tailoring a product, service, or content to meet the specific needs or preferences of an individual user or customer.