Misstatement of Age
Barron's Business Dictionary:
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Misstatement of Age
Falsification of birth date by an applicant for a life or health insurance policy. If the company discovers that the wrong age was given, the coverage will be adjusted to reflect the correct age according to the premiums paid in.
| Mission Statement, Misrepresentation, Mismanagement | |
| Mistake, Mistake of Law, Mitigation of Damages |
Related Videos:
Top
Misstatement of Age
Barron's Insurance Dictionary:
Top
Misstatement of Age
Falsification of birth date by an applicant for a life or health insurance policy. If the company discovers that the wrong age was given, the coverage will be adjusted to reflect the correct age according to the premiums paid in.
| Misrepresentation (False Pretense), Miscellaneous Vehicles Coverage, Miscellaneous Expenses | |
| Mixed Agency, Mixed Insurance Company, Mixed Perils |
