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i work in the disability insurance field.. and it hurts me everytime i tell a cancer patient that we can't pay benefits because they knew they had cancer when they bought the policy...
then they start crying because they haven't worked in a couple of months, are behind on mortgage and car payments and are about to die.... i empathize with them, and since we can't give any 'advice' i cant help them.... i feel bad for the rest of my work day... but by the time i get home i forget all about it tho :dunno:
does something like that have to be documented (like it was discovered by a doctor before policy) or is it something where they had said they knew about it in general?
does something like that have to be documented (like it was discovered by a doctor before policy) or is it something where they had said they knew about it in general?
there is usually a 'contestable' period where an insurance company can contest the information on your application... the duration of this period can vary based on the $$ you spend on your policy... from 5 days (very expensive policys with extensive background information needed), to 2 years (which is the usual on all policies)
so if she said 'i was not treated for cancer' on her application... then 4 months later she has cancer... we 'contest' it... if we find out if she had treatment for (or knew she had cancer) in the 6/12 months (depends on policy) before the application, we cancel her insurance and refund the 4 months of premiums.
technically I work for a rental agency, but I work inside of an insurance company. I handle the direct bill rental files for an insurance company, so I'm a vendor working along side with adjusters to assist them.
I would shoot myself if that was my job description h:
pay for the damage waiver so you can rent the car or don't and you don't get a rental. I know those aren't great options, but I gave her a choice on what to do.