Sunday, December 06, 2009

Denying insurance claims

Mortgage insurers are now following the practice of health insurers in denying claims. Read this article.

2 comments:

Lion Investor said...

For clarity, this refers to insuring against default-related losses and is different from the kind of mortgage insurance that consumers buy to protect against their premature death.

Anonymous said...

Please Mr. Tan, I think it is not in the same context...

You should use this example instead:

http://www.asiaone.com/Business/News/My%2BMoney/Story/A1Story20071227-42647.html

A full TPD paid out should be made and it was not. This is really gets people mad.

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