If the company finds
you lied about a health condition or lifestyle, it can raise your premium, cancel your policy or deny a beneficiary's claim to the death benefit, particularly during the two year contestability period.
If the company discovers
you lied about a health condition or lifestyle, it can increase your premium, cancel your policy and / or deny a beneficiary's claim to the death benefit.
If the company finds
you lied about a health condition or lifestyle, it can raise your premium, cancel your policy or deny a beneficiary's claim to the death benefit, particularly during the two year contestability period.
Not exact matches
If insurance companies don't have the information that they need or applicants continued to
lie about their
health or any pre-existing
conditions that they have, the companies would be forced to raise premiums and charge more for their insurance policies.
The applicant has any number of reasons to
lie about their personal
health, but they only wind up harming themselves or their beneficiaries when the applicant passes from the
health condition.
If your insurance company finds out that you
lied about a
health - related
condition or your lifestyle (e.g., using drugs or smoking), they may be able to cancel your life insurance policy.