Question

George bought a $300,000 whole life policy when he was employed as a bank teller. Four years later, he changes jobs and begins working in a coal mine. If he is killed while working in the mine, what will the insurer do?

Answer 1

The insurer of George whole life policy will have to pay the claim

Step-by-step explanation:

Based on the information about George we were been told that he bought a life policy of the amount of $300,000 when he was employed as a bank teller in which Four years later we were told that he changes his jobs from bank teller and begins to work in a coal mine which means that If George is killed while he was working in the coal mine the insurer will have to pay the claim reason been that he bought a whole life policy and secondly the insurer will have to pay the claim because no limit was been placed on George application when the policy was been insured.