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Payout denied after 18-year-old is shot

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Paul Lucas | 19 Feb 2016, 08:15 AM Agree 0
Mother denied life insurance benefits nearly nine months after losing her daughter to murder
  • Lynda Weinrib | 19 Feb 2016, 05:24 PM Agree 0
    I am curious as to whether - or not - a life insurance agent sold the mother this contract , or if she simply applied online or on the telephone. It would seem that the mother applied directly to the company, without an agent who would have asked more questions...... and would have fought forf the benefit to be paid.
  • Brian Shumak | 20 Feb 2016, 03:19 PM Agree 0
    It is more than simply whether an agent was or was not involved in the process. It also has to do with what sounds like an issue surrounding the contestability period of an insurance contract. In the first two years of a contract, the insurance company does not have to prove fraudulent intent just omission of evidence. If the policy was beyond the contestable period then the company should have paid out unless they can prove fraud. At least this would be the situation in Canada
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