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1.6. Ora is in the process of applying for a life insurance policy on his life. Ora does not have a relationship with his parents and is not aware of any medical conditions in his family history. Choose the correct statement. A. Ora is not expected to obtain the relevant information from his family. B. Ora should do anything that is reasonably expected in order to obtain the information. C. Ora should ensure that the information supplied on the application form is correct to his knowledge and the information he has available to him, and he must take all reasonable steps to gather the correct information.

Ask by Chambers Mckenzie. in South Africa
Mar 14,2025

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Ora should ensure the information on his application is accurate and take reasonable steps to gather it, even if he doesn't have a relationship with his parents or family medical history.

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Bonus Knowledge

C. Ora should ensure that the information supplied on the application form is correct to his knowledge and the information he has available to him, and he must take all reasonable steps to gather the correct information. When applying for life insurance, insurers emphasize the importance of accuracy in the provided information. If Ora is unsure about his family's medical history, he should at least try to speak with relatives or seek out documentation that may help clarify any potential hereditary health issues. This not only protects him but also ensures that the insurance company has a complete picture. Additionally, some insurers might require applicants to disclose any known hereditary conditions, even if immediate family relationships are not strong. Knowing about risks can affect coverage and premiums in the future, making it crucial for Ora to do his due diligence. After all, a well-rounded application helps everyone!

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