backdating of the date of application, false details of previous damage, health details or other risk factors) In order to benefit hos customers by arranging insurance cover for uninsurable risks, uninsurable lossers or on more favorable terms. The agent is (misguidedly) attempting to build better customer loyalty. Another motive may be an attempt to fraudulently obtain commissions and bonus payments. The company is exposed to undesirable risks or risks on unfavorable terms. In the case of backdating,insurance cover is provided for uninsured lossess that have already occurred, resulting in a loss for the