What Are Some Common Frauds Committed By Life Insurance Agents? 
Common frauds may be a harsh word . But the most common things they do to make a quick buck could include ... 1 . Telling a smoker to apply as a non-smoker . This will get them a lower premium and the agent can make an easier sale BUT if the applicant dies anytime soon it will always get caught and the beneficiary will always lose out . 2 . Selling term insurance to people that want it until they die or selling whole-life to people who want temporary insurance . Those happen a lot . 3 . Selling UL universal life to people that want whole life and not explain the difference . 4 . Quoting preferred rates to people to get an application when it 's obvious they will be rated as standard . 