If you are caught lying or misleading your insurance agent, several things will happen. First, your application will be denied. Second, if you have insurance and it can be proven that you lied to get the coverage, your policy will be canceled immediately. Third, if you have lied to get coverage and claims have been filed against the policy, you may be required to pay all of the money back. In addition to paying back any benefits you have received, you will be reported to the Medical Insurance Board or other governing agencies. This may restrict your ability to get insurance in the future. Even if you get coverage, your premiums will be much higher, and you may have a much lower amount of coverage. If it is determined that you committed fraud, you may be charged with a crime.