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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Katelew who wrote (134481)	3/23/2010 9:07:50 PM
From: TimF	Read Replies (1) \| Respond to of 543056

I think its been overstated as well, but look for them and you can find some poster children for the idea. It all depends on interpretations of how inaccurate an application for insurance, or other communication can be, before they consider it fraud. If they drop you because literally you didn't dot your Is or cross your Ts then I'd say its more fraud on the part of your insurance company, but I don't think doing so is legal, its not like new regulation is needed to cover it, at least not extensive new regulation. On the other side there is clear intentional material fraud on the part of the insured. They should be able to drop you for that. The question becomes, where do you draw the line. How major or material does the error have to be to be considered fraud on your part, and thus provide justification for dropping you. (There is also the possibility of some intermediate third state where perhaps you could be penalized in some way, extra charges or reduced coverage, but not dropped, let alone sued or prosecuted for fraud.)