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Insurance Claims Practices
Insurers routinely delay the settlement of legitimate claims and put other obstacles into the claims process in the hope that claimants give up or accept a lot less than what is fair.
Other tactics to wear down claimants is "low balling" where insurers offer much less than what the policy provides for and string out negotiations.
Delayed and reduced payments to policyholders mean bigger profits to them but hardship for the people insurance policies are meant to protect.
The government must act immediately to stop Insurers needlessly denying and delaying legitimate claims and unnecessarily delaying coverage to those in need.
Yours faithfully