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Would life insurance pay beneficiary if medical issues were not disclosed?
Wiki User
∙ 15y ago
If you answered all questions on the life insurance application honestly, there should not be a problem. If however, some questions were not answered truthfully, and the medical issues not disclosed on the application led to the death of the insured, the life insurance company may dispute the claim, and not pay it. This situation may be considered a material misrepresentation. If information was not disclosed to the insurance company regarding a medical problem of the applicant, that would have caused the insurance company to decline the applicant for coverage, this would be considered a material misrepresentation of the facts. Depending on the medical issue not disclosed, and if it directly led to the insured's death or not, the insurance company may dispute payment, or deny coverage and return all premiums paid with interest, or pay the claim. It's always best to answer all questions truthfull when applying for life insurance.
Wiki User
∙ 15y ago
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Where can you seek help for medical insurance issues?
Call the Insurance Comissioner in the state that you live.
What if you are not in your Fathers will but am a beneficiary of a life insurance policy?
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Can an insurance company reveal medical issues of a spouse to the primary holder?
no
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Having personal medical insurance is beneficial to cover any medical issues that may arise. While it may cost a premium, having insurance is reassuring in times of sickness.
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This would be very tricky and probably involve legal issues. A "new form" found after death changing beneficiary would always bring about suspicions. Did the owner intend to change the policy or not? They did not complete the transaction by filing the change with the insurance carrier. It is my opinion that the court would rule in favor of the beneficiary currently listed on the policy at the time of death. You could never prove the intent of the policy owner to change the beneficiary if they did not file the change of beneficiary form which is a very easy process to do.
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People leak disclosed financial information about the businesses
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A disclosed observation is when the participants are aware that they are being observed. This reduces ethical issues of consent and privacy but reduces validity due to increased demand characteristics.
