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Written by
Jeffrey Johnson
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UPDATED: Jul 16, 2021
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a signed request for life insurance giving information about the prospective policyholder, including age, sex, and if the policy is subject to underwriting, typically it also asks a series of health related questions. A false statement by the applicant for life insurance makes the policy “voidable” within the first two years of issue, or “contestable” if the insured dies within the first two years.