If An Insurer Made A Material Mistake On A Policy After 18 Months What Will Happen?
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One response to “If An Insurer Made A Material Mistake On A Policy After 18 Months What Will Happen?”
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That is a great question! Without having any details, there is not much in the way of concrete answers I can give you. I can tell you that there is a given dispute period (in life insurance policies it is usually two years, look at your policy and see what your company defines yours as) and once that period has ended your contract terms are set. If you have found an issue in the policy terms or values contact your agent and get it resolved before that dispute period runs out, because after that you are bound by the policy’s terms. Good luck, and thank you for asking!
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