Misrepresenting the InsuredInsured A person who is legally listed in the insurance policy to receive benefits from the policy. A person whose life/health is covered in accordance with an insurance agreement or contract. in the PolicyPolicy The policy is a binding agreement and is agreed upon by the insurance company and policyholder in writing. An agreement made by the policyholder with an insurance company.
Common Mistakes in Buying Life Insurance – insurancewhat.com-4
Pay attention to every provision in the policy