11 Oct 2010, 14:19 (Ref:2773145)
|
#6
|
|
Veteran
Join Date: Dec 2002
Posts: 3,362
|
Don't forget that insurance area of law has requirements which may now look bizarre. It is the customer's responsibility to tell the company everything which the company may find relevant whether or not the proposal form has asked anything about that or not!
Quote:
|
insurers can refuse to pay out if a policyholder failed to disclose any relevant information, even if the consumer answered all questions that were asked honestly and reasonably.
|
See http://www.lawcom.gov.uk/docs/lc319_press.pdf.
Regards
Jim
|
|
__________________
Life is not safe, just choose where you want to take the risks.
|