When you apply for life insurance, be sure to honestly report all meaningful health conditions. If you don’t, and the “error” is discovered within a certain time (often two years), the company can void the policy. After that, you may have a difficult time buying any life insurance.
Don’t lie about your age, either. If you die, and the insurer learns the truth at your death, the death benefit will be reduced to reflect the amount of insurance your premiums would have bought, say, at the age 60 you really were rather than the age 55 you claimed to be.
