The insurance marketplace has a lot of restrictions and limitations, which the insurance companies oftentimes try to use as the loopholes for getting away with not paying.
Insurance Company Obligations
We all know our responsibilities when we take out an insurance policy. We sign that we are truthfully entering into an agreement with the insurer and will pay our premiums. But what are the responsibilities of a licensed insurance agent?
The insurance agent has a fiduciary responsibility towards you. Fiduciary is based on the Latin word for faith and trust. The agent must act with integrity and good faith and disclose everything you need to know.
The insurance company must use honest business practices. They must handle claims in a timely manner and without discrimination.
When an agent or company fails to live up to these standards, there may be a valid Insurance complaint.
Unfair Insurance disputes
The insurance company does not always have the final word. Don’t get stuck with huge bills the insurance company should pay. If you have been denied coverage, you need legal representation.
We knows the law and regulations around insurance. We know the changes that are coming and how and when they will be implemented. We also have a proven track record of fighting and winning on behalf of our clients.
Sthembiso Mbhele & Associates will stand with you against the insurance companies. Contact us today.