Secured with SHA-256 EncryptionWhat if a person lies about smoking or tobacco use when applying for a life insurance policy?
If you lie about smoking, the health insurance or life insurance benefits for you and your family may be at stake. Cigarette users may be motivated to lie in order to obtain either (a) lower health insurance premiums or (b) maintain eligibility for life insurance policy or rates. In some states, lying about smoking for insurance purposes is a material misrepresentation, just like lying about health history. In others, the face amount of the policy may be adjusted downward if the policy holder misrepresents his smoking status.
→ Read More