Insurance

Replacement case puts spotlight on 'churn'

Monday 6th of July 2020

It was reported last week that a South Auckland man, Ailepata Ailepata, was denied a $100,000 payout for gastric cancer because their New Zealand Home Loans broker moved their trauma cover from Westpac to Fidelity Life.

The amount of cover was reduced and when they went to claim they were reportedly turned down by Fidelity Life because he did not disclose “impaired glucose toleran...

Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.