Use of Travel Plans for underwriting in FL

[Take 2]

Originally Posted by Oh Yeah

I have a stupid question.

What if you answer no to the question "Do you plan to travel outside the U.S. in the next [some time frame here]?", but then do travel to say Israel 6 months later? I.e., the trip was unplanned when you filled out the application. Would the life insurance policy not cover your death if you died while on the trip?

Yes, but documentation that the trip was unplanned might be required.

[JMO]

Originally Posted by Take 2

Yes, but documentation that the trip was unplanned might be required.

Especially since the example puts death within the contestible period.

[KRWarner]

Originally Posted by Take 2

Yes, but documentation that the trip was unplanned might be required.

How about a signed legal document stating that you had no plans to travel outside of the country? Like a life application and policy.

Wouldn't it be the insurance company's requirement to prove that you did plan to travel to Isreal if they were going to contest a claim on that basis.

[Steve Grondin]

Originally Posted by KRWarner

How about a signed legal document stating that you had no plans to travel outside of the country? Like a life application and policy.

No one has ever lied on an app before, that's for sure.

Originally Posted by KRWarner

Wouldn't it be the insurance company's requirement to prove that you did plan to travel to Isreal if they were going to contest a claim on that basis.

Yes, but if the claim were large enough, I suppose the ins co would want to see when the plane tickets were purchased that got you there at least. Also an extensive past travel history to a certain place would seem to indicate a desire to return. But this is the kind of thing the lawyers hash out.