If a person who is in good health lies about their age on a life insurance application and the misrepresentation is discovered at the time of the person's death, what is usually the effect?

Age Misrepresentation

The intentional act of presenting one's age as different from their true age, often in a legal context.

Life Insurance

A contract between an insurance policy holder and an insurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of the insured person.

Insurance Application

A formal request or proposal to an insurance company for coverage, detailing personal or organizational information relevant for underwriting.