Assessment progress: term in each pair correctly completes the paragraph. Then select the answer choice containing the two terms you have chosen. If an insured dies during a life insurance policy's contestable period and the claim analyst discovers that the insurance application contains a material misrepresentation, the insurance company may void the policy, which is a legal process known as (rescission / reinstatement). If a policy is voided for material misrepresentation, the insurer usually (keeps / refunds) the premiums that the policyowner paid for the coverage. O rescission / keeps O rescission / refunds O reinstatement / keeps O reinstatement / refunds