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Summary

Every year, life and critical illness insurance ( motor insurance quotes ) claims are rejected because the policyholder was found to have answered a question incorrectly or untruthfully. Here we tell a true story that demonstrates how the worst can happen to anyone.

Tell the truth with Life and Critical Illness Insurance. Page 2

2. The GP did not give Ms W any indication that the flaky skin could be something serious, a fact that the GP stood by later. Ms W did not ( pet insurance ) realise that the skin condition could be anything other than eczema, and so when told that she only needed to give details of referrals relating to serious conditions, she truly believed that her dermatologist referral was not worth putting on the form. She made this decision based on advice given by the sales rep, and it was a genuine mistake on her part.

Taking the above story into account, we think that Standard Life should realise that Ms W made an honest mistake, and did not deliberately withhold any ( mortgage rates ) information. The sales rep did not give the right advice, and Ms W followed that bad advice in good faith. It wasn't her fault, and Standard Life should relax the penalty in this particular case.

Make sure it doesn't happen to you

Filling out a life or critical illness insurance application form has to be taken very seriously indeed. You must read every single question and answer each one ( online car insurance ) providing all the necessary information and detail. Withholding information is not an option, don't be tempted by the thought of cheaper premiums because on making a claim, you will be found out and the claim will be invalid. Don't take that risk!

Hopefully, Standard Life will see that Ms W did not deliberately mislead them, and they will give her the payout she deserves.

People that do deliberately mislead the insurers do deserve what they will eventually get - nothing.

NB : Standard Life rejects 5%, Friends Provident rejects 15% and Legal & ( personal secured loans ) General rejects 16% of all critical illness claims because of policyholders withholding information (whether deliberately or not). The insurance industry realise that they need to do something to address the situation, and are currently developing new ways to get information from applicants, and to publicise the severe penalties for not providing full and accurate information.