A) What might happen if someone is dishonest on their insurance application? (1 point)

Question

A.The insurance company is very unlikely to find out.

B.If it is a small lie, the insurance broker will ignore it.

C.The policyholder may be prosecuted for insurance fraud, which is a crime.

D.The insurance company will just raise the premiums and forget about it.

Answer 1

C. The policyholder may be prosecuted for insurance fraud, which is a crime.