Exam term
Incomplete application
An application with an unanswered question. The insurer normally returns it to the producer; if it issues the policy anyway, it waives the missing information and cannot later contest the policy because of it.
Exam term
An application with an unanswered question. The insurer normally returns it to the producer; if it issues the policy anyway, it waives the missing information and cannot later contest the policy because of it.