What defines a misstatement?

Answered by:

Brandy Miles

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Brandy Miles, LUTCF @ Kuhlman Agency
16 Questions answered
Answered on August 2nd, 2018

I can not speak to this particular issue.  However, we have seen claims where a misstatement of age occurred. The year of birth was an error on a paper application, yet signed by the applicant.  

In this situation, underwritng adjusted the premiums, paid the claim, and sent refund for the excess premium.


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