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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: i-node who wrote (199785)5/3/2009 3:56:29 AM
From: Skeeter BugRead Replies (1) of 306849
 
>>Every policy is very specific about what is and is not covered, and state boards of insurance have a great deal of control over what policies do and don't allow.<<

a few campaign contributions here and there and you end up with clauses like, "the insured must disclose every single medical condition they've ever had at the time of application or else this policy can be voided."

of course, nobody can do that, so when the brain cancer hits... "ooops, you didn't tell us about that yeast infection - go pound sand."

the *only* thing that saves most folks is they work for big companies and the insurance companies are scared of forking the big company. if you are on your own, though, you are SOL.
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