After the policy is issued, any unanswered questions are considered waived by the insurer.

After the policy is issued, any unanswered questions are considered waived by the insurer.

• A. Unanswered questions are grounds for denial.
• B. They must be resolved within 30 days.
• C. Unanswered questions are considered waived by the insurer.
• D. They require a new application.

Answer: (C)

The main idea here is how an insurer handles blanks left on the application once a policy is issued. When the policy is issued, the insurer has accepted the risk based on the information in the application. Any questions left unanswered are treated as waived by the insurer, meaning the insurer cannot later deny coverage or challenge those items on the basis of those blanks. This protects the insured: after issue, the contract stands as issued, and the insurer’s rights to contest those unanswered items are waived. It’s a way of finalizing the underwriting decision and avoiding post-issuance disputes over something that wasn’t completed on the application. So choosing that unanswered questions are considered waived by the insurer aligns with the notion that the policy, once issued, is binding as issued, without revisiting every blank on the application.

The main idea here is how an insurer handles blanks left on the application once a policy is issued. When the policy is issued, the insurer has accepted the risk based on the information in the application. Any questions left unanswered are treated as waived by the insurer, meaning the insurer cannot later deny coverage or challenge those items on the basis of those blanks.

This protects the insured: after issue, the contract stands as issued, and the insurer’s rights to contest those unanswered items are waived. It’s a way of finalizing the underwriting decision and avoiding post-issuance disputes over something that wasn’t completed on the application.

So choosing that unanswered questions are considered waived by the insurer aligns with the notion that the policy, once issued, is binding as issued, without revisiting every blank on the application.