Cindy, who was close to $50$ years old, had been lying about her age for many years. She purchased a $30-$year term policy with a death benefit of $$1,000,000$ paying the level premium for a $30-$year$-$old, which is $$0\mathrm{.}60$ per $$1,000$ of coverage. Her total annual premium is $$600.$ Unfortunately, she died prematurely while hang gliding. Once the insurance company discovered her true age of almost $50,$ they would not pay any benefits.

Group of answer choices

True

False