Quote:
Originally Posted by hytedin
According to that letter the policy was never issued.
There shouldn’t be a mark since there was no policy in the first place.
It’s no different than applying to Geico and they sending a letter later saying the same thing.
There’s a separation between the selling agent and underwriting that leads to this situation quite often.
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There is a November "cancellation date". They can`t cancel a Policy that doesn`t exist, so a Policy issued. Was premium paid/accepted?
The Insurer can only cancel the Policy on terms in the Policy. What are they? A right of unilateral cancellation for any capricious reason seems unlikely.
That said, not sure I`d want them as an insurer.