{"id":336,"date":"2018-03-29T02:00:00","date_gmt":"2018-03-29T14:00:00","guid":{"rendered":"https:\/\/www.crosscreekinsurance.com\/blog\/?p=336"},"modified":"2018-03-29T11:34:45","modified_gmt":"2018-03-29T17:34:45","slug":"avoiding-life-insurance-loopholes","status":"publish","type":"post","link":"https:\/\/www.crosscreekinsurance.com\/blog\/avoiding-life-insurance-loopholes\/","title":{"rendered":"Avoiding Life Insurance Loopholes"},"content":{"rendered":"

Hope Hills, NC residents need high-quality life insurance to protect their families. However, there are many loopholes that are easy to fall into when getting this type of coverage. We’ve seen them all at Cross Creek Insurance and can help you avoid them.<\/p>\n

Lying On Your Application<\/h2>\n

The truth will set you free when it comes to life insurance. If you lie on your policy and your provider finds out, they can deny your policy. Lying can be as simple as misrepresenting a disease you have or even denying a serious life-changing condition, such as cancer when buying a policy.<\/p>\n

Drug And Alcohol Use<\/h2>\n

This loophole can be a very problematic one for many people. It states that if you are under the influence of drugs or alcohol when you die, the insurance company can deny your claim. This fact is true even if the drugs or alcohol had nothing to do with your death. It can be a very troubling one if you enjoy a drink now and again and die at home due to a heart attack not related to your alcohol intake.<\/p>\n

The Suicide Loophole<\/h2>\n

Those who are suffering from a serious disease may try to use suicide as a way of helping their families. As a result, life insurance companies have a clause that allows them to deny payment for the first two years of the policy. After that, beneficiaries only receive the premiums the policyholder paid for their deaths.<\/p>\n

Performing Dangerous Activities<\/h2>\n

Traveling to dangerous or even war-torn areas, performing extreme sports, or doing other dangerous activities can void your life insurance. That’s because you weren’t taking due care to prevent your death.<\/p>\n

Keeping Your Coverage Active<\/h2>\n

If you want your Hope Hills, NC life insurance to pay off, please contact us at Cross Creek Insurance. Our experts will make sure you don’t fall into these loopholes and void your policy, leaving your beneficiaries in a tough situation.<\/p>\n","protected":false},"excerpt":{"rendered":"

Hope Hills, NC residents need high-quality life insurance to protect their families. However, there are many loopholes that are easy to fall into when getting this type of coverage. We’ve seen them all at Cross Creek Insurance and can help you avoid them. Lying On Your Application The truth will set you free when it […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[145,146],"class_list":["post-336","post","type-post","status-publish","format-standard","hentry","category-insurance","tag-cross-creek-insurance","tag-hope-hills-nc"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t