Life and Health Insurance Exa Question
Missouri State University
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Life and Health Insurance Exam (Missouri) Questions & Answers
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Life and Health Insurance Exam (Missouri) Questions & Answers 
Insurance policies are considered aleatory contracts because: 
1)they are take it or leave it contracts 
2)both parties consent to the contract 
3)performance is conditioned upon a future occurence 
4)the contract is voidable upon proof of fraud - ANS-Performance is conditioned upon a future 
occurence, because there is an element of chance and potential for unequal exchange of value 
K failed to pay a renewal premium within the tim...
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