Finance and Credit Professional

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 [...]

Insurance companies have been heavily criticised by breast cancer sufferers for not protecting them against the consequences of this particular disease. Critical illness cover is designed to protect policy holders in the event of critical illness but many policies explicitly state that one particular type of breast cancer found in women, 'ductal carcinoma in situ' [...]