note, if your computer anes dvice from Canvas: You may also want to instruct the

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note, if your computer anes dvice from Canvas: You may also want to instruct them to clean the he guides to do this by googling "How to clean up a mac disk" for exa /www.pcmag.com/article2/0.2817.2480401.00.asp Question 6 What is the legal significance of a material concealment by an insura O The contract is automatically voided from its inception. O The insurer is immediately entitled to a higher premium. 9 The contract is voidable at the insurer's option. O Loss payments are reduced by the degree of the conccalment. s Previous

Explanation / Answer

The correct answer is:- The contract is voidable at the insurer's option

Explanation:- Material means that if the insurer knew the true facts, the policy would not have been issued, or it would have been issued on different terms. Thus the legal significance of a material concealment by an insurance company is that the contract is voidable at the insurer's option if the representation is material.

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