No. of Recommendations: 0
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 fraud
anyway, 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.

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