7th Circuit Affirms, Deems Failure To Disclose Cancer ‘Material Misrepresentation’

Mealey's (April 4, 2023, 8:52 AM EDT) -- CHICAGO  — The Seventh Circuit U.S. Court of Appeals affirmed a district’s court judgment for a life insurer in a suit filed against it by the wife of a man who died from lung cancer, finding that the man’s failure to disclose to the insurer his terminal cancer diagnosis discovered after he applied for the policy but prior to its issuance constituted a “material misrepresentation” that permitted the insurer to rescind the policy....