What happens if I lie on my application? 

It’s easy to tell a lie, but at what cost? If you do, your family may not receive the full payout you planned for. Here’s why…

If you’re dishonest or misrepresent information, your risk profile won’t be accurate. 

We may charge you less than we should have, or offer you cover when you should not have qualified. If we want to remain in business to continue offering this service, we would then have to increase prices for everyone. 

To keep premiums as low as possible, we investigate the information we’re given. 

It can work out expensive to fully investigate each and every policyholder's information. So, we will always double-check your information when your loved ones call in to make a claim. If things don’t add up, (based on the information you provided to us originally when applying for cover), your claim will be affected and, possibly rejected entirely.

How does being fraudulent, dishonest or misrepresenting information affect your claim?

This means there’s a good chance your loved ones will get less than you planned for. 

The worst case scenario is that we might even find that you wouldn't have qualified for cover in the first place! In this case, we may reject the claim and your beneficiaries won't get anything. 

We're not looking for reasons not to pay out, and so we need to have measures in place to safeguard our processes, making this an affordable product for everyone. Do the right thing: ensure you are honest with us upfront. Think of the legacy you wish to leave your loved ones, and play open cards from the get-go. 

If you have any further questions, please contact us.