Compraride Taphero

Elaine signs an application for a $$50,000$ life policy, pays the first premium, and receives a conditional receipt. If Elaine were killed in an auto accident $2$ days later,

A$)$ the company could reject the application on the basis that the death was accidental

B$)$ the insurer could reject the death claim because the underwriting process was never completed

C$)$ her beneficiary would receive $$50,000,$ it Elaine qualified for the policy as applied for

D$)$ the premium would be returned to Elaine's family because the policy had not been issued