“If you already know that an adverse event is highly likely for your specific circumstances, then it is likely that the insurer will refuse to pay out for not disclosing “material information”—a breach of contract.”
Having worked in insurance, that’s not what the companies usually do. Denying explicitly for clear but legally hard to defend reasons, especially those which a jury would likely rule against, isn’t a good way to reduce costs and losses. (They usually will just say no and wait to see if you bother following up. Anyone determined enough to push to get a reasonable claim is gonna be cheaper to pay out for than to fight.)
“If you already know that an adverse event is highly likely for your specific circumstances, then it is likely that the insurer will refuse to pay out for not disclosing “material information”—a breach of contract.”
Having worked in insurance, that’s not what the companies usually do. Denying explicitly for clear but legally hard to defend reasons, especially those which a jury would likely rule against, isn’t a good way to reduce costs and losses. (They usually will just say no and wait to see if you bother following up. Anyone determined enough to push to get a reasonable claim is gonna be cheaper to pay out for than to fight.)