Which of the following could lead to a life insurance policy being declared void?

A life insurance policy can be declared void primarily due to the failure to pay premiums. Premium payments are essential for maintaining the policy in force. When a policyholder does not remit the necessary payments by the due date, the insurance company may classify the policy as lapsed or void, which means that the coverage has effectively ended.

Providing accurate information, though critical during the application process, does not lead to the voiding of a policy. In fact, accuracy is expected and helps establish the terms of the coverage. Similarly, honest mistakes on applications typically do not result in a policy being declared void, provided that the insurer can establish that the inaccuracies were not intentional misrepresentations. Lastly, making all required disclosures is part of the ethical obligation of the applicant or policyholder and generally supports the validity of the policy rather than undermines it.