Insurance policies are underwritten in utmost good faith. Yet material misrepresentation at sales stage remains a growing problem.
Consumers are urged to provide provide the insurer with the correct information when they purchase a policy to avoid rejections when they claim at a later stage.
Ombudsman for short-term insurance Senior assistant ombudsman Darpana Harkison was in Conversation with Aldrin Sampear on POWER Talk on Friday discussing the importance of understanding the policy.