Started By
Message
re: Why do people think that they can lie to insurance companies?
Posted on 10/20/16 at 1:28 pm to Vols&Shaft83
Posted on 10/20/16 at 1:28 pm to Vols&Shaft83
Lets say I did lie, is there any way to get out of it without causing even more trouble? New company? "oops my bad?"
Thank you for the information by the way.
Thank you for the information by the way.
2
Posted on 10/20/16 at 1:36 pm to cardboardboxer
Yeah, cancel the policy and start another one with another company. You don't want to volunteer that you were dishonest on the application to the company you are with now.
If it's a whole life policy (which I'm not a fan of), see if you can get some of the cash value by surrendering the policy early. You may be able to recoup a fraction of premiums you've already paid.
If it's a whole life policy (which I'm not a fan of), see if you can get some of the cash value by surrendering the policy early. You may be able to recoup a fraction of premiums you've already paid.
This post was edited on 10/20/16 at 1:41 pm
Posted on 10/20/16 at 11:36 pm to cardboardboxer
quote:
Lets say I did lie, is there any way to get out of it without causing even more trouble? New company? "oops my bad?"
Or you could just go with you started using tobacco after the question was asked and notify them of the change.
You were never asked if you would use it in the future, this is not as cut and dried as the insurance agent here suggest.
Page 1 of 1
Popular
Back to top
Follow SECRant for SEC Football News