Update incorrect alcohol-consumption information ?
HI, I bought a Term policy online from Max Life Insurance company.
During the process i was on-call with an agent. This agent asked me about my alcohol consumption habits and I indicated that I am a very rare consumer of alcohol (less than 1 beer a month on avg). Now the information regarding consumption of alcohol and drugs on the Policy proposal form is selected as "NO". (This was filled in by the agent and I failed to double check)
I also indicated to the Medical Examiner about my occasional alcohol consumption.
Now the policy is issued and it marks me as a non-consumer of alcohol.
Seeing this error, I emailed the Insurance company and they haven't responded yet.
My questions are:
1. Will this error cause a big problem down the line ?
2.Should i consider returning the policy and buying a new one (im under the free-look period)
3.How much alcohol consumption is considered negligible and not worth mentioning on the proposal ?
4.Am i overthinking this ? Should I leave everything as it is since the policy is issued and anything directly related to alcohol is not covered anyway.