Recission. Pray it never ever happens to you. Or anyone you know. Or anyone at all. There are the uninsured. There are the underinsured. There are the insured. The problems the first two groups confront are obvious, but the adequately insured face another problem. Among the insured there is less concern about losing coverage than is warranted. A recent article by Karl Vick in the Washington Post makes the ugly practice of recission by insurance companies all too real. This happens in America.
Washington Post Explores Ugly Insurance Practice