Assignment task:
Jamal is applying for a $200,000 life insurance contract on his life and designates his common-law spouse, Tasneem, as the beneficiary. Jamal does not reveal the fact that he suffered from depression last year because he is embarrassed to tell Tayla, his insurance representative. Tayla explains temporary insurance to Jamal; he pays the necessary premiums and receives a 60-day temporary insurance coverage. When Jamal dies in a car accident 15 days later, Tasneem claims the death benefit from the insurer. While processing the claim, the insurer finds out about Jamal's depression which he did not reveal in the application. The insurer informs Tayla of the situation. In all likelihood, what will the insurer do about Tasneem's claim? a. The insurer will honour the claim because it will ignore Jamal's depression. b. The insurer will deny the claim because Jamal did not fully disclose his medical condition. c. The insurer will honour the claim because Jamal's death was the result of a car accident. d. The insurer will deny the claim because it had not yet issued the final policy.