Medivac Hero Life Insurance Denial Places Insurance Contract Disclosure Front and Centre
March 5, 2018
Scott Stanley spoke with Global News Anchor and Consumer Reporter Anne Drewa about the recent case involving life insurance denial by The Co-operators for Matthew Cochlin, a 30 year veteran of the BC Ambulance Service, Infant Transport Team and co-owner of Executive Air Ambulance.
Scott is counsel on the case that involves the nature of disclosure requirements in insurance contracts. Here, Mr. Cochlin was forthright about his status as a smoker and paid higher life insurance premiums as a result. Mr. Cochlin died at age 54 from esophageal cancer, leaving behind a young family. His life insurance company denied his widow’s claim. The insurer took the position that the claimant’s efforts to address workplace stress and deal with his snoring were not disclosed and that this amounted to non-disclosure of material facts that operated to void his life insurance. We think this is a bad decision.
Read the full interview here.