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Changes To the Application. The insurance application must be completed accurately, honestly, and thoroughly, and it must be signed by the insured and witnessed. When an applicant makes a mistake in the information given to an agent in completing the application, the applicant can have the agent correct the information, but the applicant must initial the correction. If the producer alters or changes the application information in any way without informing the applicant or insurer, he or she may be engaging in fraud. Therefore, any changes made to an application by a producer must be initialed by the applicant and the producer before the application is submitted to underwriting. If the company discovers a mistake, it usually returns the application to the agent. The agent then corrects the mistake with the applicant and has the applicant initial the change. If the insurer discovers that the information on an application is incomplete or incorrect after a policy is issued, the company may rescind or cancel the contract. However, the company may only rescind or cancel the contract during the policy's contestable period. Once the policy's incontestable clause takes effect, the insurer can no longer rescind or cancel the contract. Remember, the application becomes part of the legal contract between the insurer and the insured when attached to the insurance policy. Consequently, the general rule is no alterations of any written application can be made by any person other than the applicant without the applicant's written permission.