When applying for insurance, always provide accurate and honest information. Misleading or inaccurate information can lead to a denial of coverage or even policy cancellation.
- Tip:
Disclose all necessary information—For instance, don’t hide a previous accident or health condition. Insurance fraud can have serious consequences, including voiding your policy and facing legal penalties.- For Health Insurance: Be sure to disclose pre-existing conditions as required by law, even if you think they won’t affect your coverage.
- For Auto Insurance: Don’t withhold information about accidents or traffic violations, as it may result in a claim being denied later.
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