Self-Diagnosis: Does the Consumer Have the Advantage over the Insurer?
The purchase of any type of insurance is based on the premise that the applicant/proposed insured will disclose any and all pertinent information related to insurability and that the insurer will act upon that information in good faith. If information is withheld, the balance of the transaction is altered.
http://www.munichre.com/site/marclife-mobile/get/documents_E755533058/ma...