An insured misstated her age on an application for an individual health insurance policy. The insurance company found the mistake after the contestable period had expired. The insurance company will take which of the following actions regarding any claim that has been issued?

An insured misstated her age on an application for an individual health insurance policy. The insurance company found the mistake after the contestable period had expired. The insurance company will take which of the following actions regarding any claim that has been issued?



A. Pay the full amount of a claim because the contestable period has ended
B. Adjust the claim benefit to reflect the insured's true age
C. Deny any claims and cancel the policy
D. Deny paying a claim based on misrepresentation


Answer: B. Adjust the claim benefit to reflect the insured's true age

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