Have We Lost The Faith In Life Insurance?
Topics: life, insurance, policy, critical, illness, claim Life insurance is taken out under the legal terminology of ‘utmost good faith’. This means that the insurance company and the person looking to take out a policy are both obliged to act in good faith. As a result the person taking out the policy is able to assume that the policy includes what is advertised without having to sift through and scrutinise the small print of the policy contract. It also means that the potential policy hold
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