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Disclosure in life insurance...

It’s a real shame when a story about insurers (or banks) giving people a hard time when they claim on their life insurance hits the headlines. It's not a good look for the industry as a whole.

This story posted on Stuff hit the headlines a couple of days ago and, when I last looked, the article had attracted 72 public comments – mostly from people venting their ‘displeasure’ (I’m being kind here…) at the insurer.

So, what’s our take on this?

Well, we’re not 100% sure because all we have to go on is the ‘media’ version of the facts.

However, I’m prepared to say that if a single dose of medication given to a 14-year-old girl over 46 years ago is a reason to either void or cut back on the insurance pay-out, then lord help us all!

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