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Missouri Health insurance Questions 100% Verified!!

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Missouri Health insurance Questions 10Consideration -ANSWER something of value that each party gives to the other Warranty -ANSWER absolutely true statement upon which the validity of the policy rests Representation -ANSWER statements believed to be true to the best of one's knowledge but not guaranteed to be true. misrepresentations -ANSWER untrue statements that void the policy material misrepresentation -ANSWER a statement that, if discovered, would alter an insurance company's underwriting decision. Intentional misrepresentation -ANSWER Considered fraud by Missouri law. Conditional contract -ANSWER certain conditions must be met by the policy owner and company in order for the contract to be executed and before each party fulfills its obligation. Unilateral contract -ANSWER only one party is legally bound to do anything. Adhesion 0% Verified!!

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