Premiums refunded for AllLife policyholder
The ombudsman for long-term insurance ruled that not completing underwriting is no excuse to charge more for reduced cover
21 February 2020 - 18:19
Being charged premiums for a policy without enjoying the full benefit is a no-no in the eyes of the ombudsman for long-term insurance.
The consumer who complained to ombudsman judge Ron McLaren took out a policy over the phone that covers people who are HIV-positive. The policy is marketed by AllLife Insurance and underwritten by Centriq Life Insurance...
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