What Do People Lie About Most on Life Insurance Applications?

Some 16% of U.S. adults in a survey say lying to a life insurer to save money is “acceptable” under certain circumstances, according to a recent NerdWallet report.

People may think they can get away with what in their mind might be a “little white lie,” thinking they can save money with lower premiums. But of course, lying on an app and having it discovered during the two-year contestability period could cost beneficiaries the entire policy payout.

But the subject got me to wondering what people tend to lie about most. Hence this new poll question:

In your experience, what do people l
Source of insurance-forums.net

Comments