Exam term
Backdating
Dating a life policy earlier than the application so the insured is rated at a younger age and pays a lower premium. In New York a policy may not be dated more than six months before the application if that lowers the premium.
Exam term
Dating a life policy earlier than the application so the insured is rated at a younger age and pays a lower premium. In New York a policy may not be dated more than six months before the application if that lowers the premium.