Party A lies on his term life ins application re beiung a smoker. Blood lab results don't catch it. policy is approved.Not just 2 but 10 years pass.What are the risks at this point? As i understand it, past 2 yrs the policy cannot be canceled.How about, if the life ins company finds out can they charge with fraudanyway, to teach the guy a lesson, even if they have to pay on the policy?Other risks?Message 99% of us know, don't lie on ins apps.TIA
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, An