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If you leave out facts or make false statements (lie) on the application (or claim) for insurance it is considered a misrepresentation of your true situation for the purpose of getting the money.
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∙ 12y ago
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What does NTU rate mean in regards to Life Insurance?
non take up
Types of misrepresentation?
fraudulent misrepresentation. negligent misrepresentation. innocent misrepresentation.
Examples of misrepresentation of facts?
Examples of misrepresentation of facts Examples of misrepresentation of facts
Legal definition of misrepresentation?
misrepresentation
Person a has a license but can't get insurance person b has a revoked license dui's can b get insurance and have a drive on b's policy?
Misrepresentation of the risk to the insurer by ommission of a known driver is Insurance Fraud. So the answer to your Question is "NO"
What is incontestable period in life insurance?
The Incontestable Clause in a life insurance policy states that after the policy is In Force two years, the insurance company cannot void it because of misrepresentation or concealment by the insured in obtaining the policy.
What is meant by 'pre-issuance' in regards to mortgage insurance?
What is the purpose and and benefits of per mortgage insurance
Insurance accident forgivness works when applicant lied about owning home?
An Insurer can void your policy and refuse coverage if it is determined you Intentionally lied on your auto insurance application. Fraud by Misrepresentation.
What does activity mean regards to medication taken orally?
what does activity mean regards to medication
What is negligent misrepresentation?
Misrepresentation that is the result of careless statements made.
What is incontestability clause in life insurance policies?
You can find this by looking at the "Incontestable Clause" in your life insurance policy. The "Incontestable Clause" states that after the life insurance policy is in force for two years, the insurance company cannot void it because of misrepresentation or concealment by the insured in obtaining the policy.
What does cruising and squirreling mean?
Squirreling seems to be the unauthorized dissemination of materials and/or misrepresentation of the Church of Scientology.
