Fair Go and the media regularly cover situations where insurance companies don’t pay out on a claim. Having been an intermediary between insurers and the insured party for 25 years, we have seen very few claims not paid out.
The key is to ensure that you disclose all relevant information (which can be more information than you might think, and it is our role to help you to do this when you are signing up for a life/trauma/health/income protection insurance policy) and that you understand what your insurance policy does and doesn’t cover.
Click here for full article