Misstatement Of Age
Definition of "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.
Popular Insurance Terms
Policy that remains in full force and effect for the life of the insured, with premium payments being made for the same period. ...
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