Comparing Interpretations – Locum Insurance

Have you ever noticed that when companies compare their product against a competitors theirs always appears miles better.

What is the comparions based on?  INTERPRETATION is the word.

I recently saw a Locum Insurance comparison which stated that their comparison was “based upon their interpretation” – basically this is a “get out of jail” phrase that enables them to write more or less what they want to compare, as well as extracting selective wording from the Locum Insurance policy.  A good example of this relates to claiming for a mental illness – according to the comparison the person claiming “will have to see a psychiatrist” whereas the policy wording actually says “will have to see a psychiatrist when requested by the insurer”.  Two totally different meanings.  This also doesn’t mention that the insurer has the general right within the policy to request the insured to provide all information required for the claim and co-operate with insurers request in order to administer the claim (i.e. attend a medical examination).

Beware of comparisons!!

Always ask the specific questions you want answered.

An interpretation of an interpretation made on Wednesday 21st May 2014!!!!

Medical Insurance Consultants