Fraud by the Insured negates a contract of insurance and the Insurer is not liable to return any premium paid.
Fraud by the Insured negates a contract of insurance and the Insurer is not liable to return any premium paid.
A form of life insurance which allows changes on the policy face amount, the amount of premium, period of protection, and the length of the premium payment period. See also Flexible Premium Adjustable Life Insurance Policy.


