At FRANKLi, we aim to pay as many Life Insurance claims as possible, but unfortunately there are some that we can’t pay. This is largely due to a misrepresentation of information when making an application, and not meeting the policy definition.
When important information is omitted, misrepresented, or missed when making an application for a Life Insurance policy, a claim may not be valid. This is because some information could have meant that you would not have been able to take out a Life Insurance policy with us, or if you had, it may have been with an increase to your premiums.  An example of this is not telling us that you’re a regular smoker when completing your application.
If a claim is made but it doesn’t meet the terms and conditions of the policy definition, then it might not be successful. Make sure to read your policy details fully when taking out life insurance.