Itâs not as bad as it seems though. This is another case of Nature knowing what it needs more than we humans know. Often, a duck can successfully hatch a nest of eggs in a parking lot, shrubbery and other seemingly âun-wildâ places. Female ducks invest a lot of energy scouting out a nest site before building the nest.
Even unintentional mistakes can cause a life insurance claim to be rejected if it is considered a material misrepresentation. 4) Any undisclosed pre-existing condition can cause your life insurance claim to be denied. As long as it would have affected your insurance companyâs decision to offer coverage, any pre-existing condition that is discovered during the contestability period can cause your life insurance claim to be denied â even if it is completely unrelated to the insuredâs cause of death.
If unexpected expenses come up and you canât pay your life insurance premium, you should know the possible consequences. The effect depends on the type of policy and coverage you have and the policy terms and conditions. Term: If you stop paying premiums, your coverage lapses. Cash out the policy.