I have read about lawsuit against major carriers that allege that they are canceling policies after someone gets sick or has a major claim. What it that about?
The major carriers are stating that less than 1% of their policyholders have been affected because they did not accurately disclose serious medical history that would have prevented them from getting a policy in the first place. They then went on to file claims for that condition shortly after the policy was issued. Obviously a carrier will protect itself from such abuse. I have personally seen only 2 cases of this in over 20 years, and they were both cases of intentional misrepresentation of serious conditions. If you are honest and take reasonable care in completing an application for individual coverage, you will not have this problem.
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