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Don't lie about your health while availing a term life insurance

Don't lie about your health while availing a term life insurance

Thursday, June 15, 2017, 5:31 PM

Insurance companies charge lower premium if there is no history of medical problems and if the person doesn’t use tobacco or drink alcohol. It is easy to say no to all these and get lower premium. But, if the insurer finds out that you withheld crucial-information on your health or lied about your smoking and drinking-habit, the claim by your nominee may get rejected.
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