MISSTATEMENT OF AGE
\mɪsstˈe͡ɪtmənt ɒv ˈe͡ɪd͡ʒ], \mɪsstˈeɪtmənt ɒv ˈeɪdʒ], \m_ɪ_s_s_t_ˈeɪ_t_m_ə_n_t ɒ_v ˈeɪ_dʒ]\
Definitions of MISSTATEMENT OF AGE
Sort: Oldest first
The insured's falsifying own age on a policy application or falsifying a beneficiary's age to trigger benefits sooner. This term also refers to a clause that details the insured's consequences upon finding out the insured misrepresented age after the policy has been issued. This is typically part of life and health contracts.
By Henry Campbell Black