What Happens If I Make A Mistake On The Application?
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UPDATED: Jul 16, 2021
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It is important to be accurate and thorough when you complete the application for long term care insurance. If a company relies on that information (or lack of information) to issue a policy, learning of a misstatement could lead the company to cancel the policy and return the premiums. This can generally only occur in the first two years after purchase; however, a fraudulent misstatement might result in cancellation at any time.