If an insured's age on a life insurance policy has been misstated, what is the insurer's liability if the insured dies?

If an insured's age on a life insurance policy has been misstated, what is the insurer's liability if the insured dies? 




a) No death benefit is owed because of the misstatement of age
b) The full original death benefit listed on the policy
c) A prorated death benefit based on the amount of insurance the insured's premiums would have been if purchased at the correct age
d) The original death benefit listed on the policy minus any outstanding loans and interest


Answer: c) A prorated death benefit based on the amount of insurance the insured's premiums would have been if purchased at the correct age

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