Missing Information in Life Insurance App

[working girl]

I just applied for term life insurance with Lincoln. I already have some with the Hartford. I spoke to a person over the phone and also had a paramed come to the house and had to answer a bunch of questions. As I was skimming over the app attached to the policy before I sign it and send it back in, I noticed there was some information missing. My father was diagnosed with prostate cancer at age 67, was treated and is okay now. This I saw just from skimming, I'm sure there is additional incomplete information, but nothing that should affect my preferred rating.

My questions are
1. Do I fill in the missing information or just leave it as is? If I fill it in, will this cause them to re-underwrite?
2. If I don't fill in the information and I die in the 2 year incontestibility period, will they use this as an excuse to not pay the DB? What if I died of cancer in that period? (Right now I'm very healthy and this is the only cancer in the whole family history).

[Steve Grondin]

I am not an underwriter or claims examiner, so I don't know what they'd do, but if you died of prostrate cancer in the next two years, I'd definitely contest it.

[JMO]

The right thing to do is to correct the information, either on the app or on your cover letter. And my guess is that it won't affect anything, although I am not an underwriter nor a claims expert.

Let us know what you do and what happens.

[Renaissance Man]

Originally Posted by Steve Grondin

I am not an underwriter or claims examiner, so I don't know what they'd do, but if you died of prostrate cancer in the next two years, I'd definitely contest it.

Especially if working girl is female.

[JMO Fan]

Originally Posted by Steve Grondin

... if you died of prostrate cancer in the next two years, I'd definitely contest it.

ifyp Prostate cancer is over-diagnosed. IIRC, the majority of males over 50 develop a form of it. Most live.

WG seems unlikely to suffer. Fix the app. It shouldn't be a problem.