One Tricky Way Insurance Companies Get Out of Paying
Insurance companies sometimes use rescission to deny benefits to consumers, especially when a large claim is filed. The canceling of insurance policies at the time of a claim due to innocent omissions or mistakes is a growing problem for consumers who are then left without current coverage and often struggle with the ability to obtain new insurance. Consumers must be extra cautious when filling out insurance forms to help prevent having a health or life insurance claim denied due to rescission. Consumers Bear the Brunt of Misunderstanding Forms [...]