See the full video at https://youtu.be/Qxnmy8sOr6g  Ethics is a process for systematically applying, using, defending and recommending concepts of right and wrong behavior.
Ethical behavior is required by both parties in an insurance contract for the system to work. If any party to the insurance contract acts unethically, the insurance's ability to work efficiently and profitably will fail.
Ethics is the core of insurance. Since the insurance was first created, it has been a company of utmost good faith. As a result, the insured and the insurer are expected to treat each other ethically.
Insurance was created to spread risks from individuals to crowds. Spreading the risk in a fair, ethical and honest way from one person to many is the basis of an insurance system. The insurance contract since the creation of modern insurance was based on the concept Uberrimae Fidei .
The Latin phrase Uberrimae Fidei is used to express the principle that an insurance contract must be made in good faith, where neither the insurer nor the insured conceals anything from the other. When it comes to insurance, both the insured and the insurer must observe the most perfect good faith towards each other so that the insurer understands the risk it is asked to take and the insured understands the risks accepted by the insurer. is dependent on “extreme good faith [which] can be seen as a legal rule but also as a tradition honored by issuing insurers and reinsurers in their ongoing commercial relationships. , Esq., CFE, now limits its practice to serving as an insurance consultant specializing in insurance coverage, insurance claims handling, infidelity and insurance fraud almost equally for insurers and policyholders. He also acts as an arbitrator or mediator for insurance-related disputes. He practiced law in California for more than 44 years as an insurance coverage and claims lawyer and more than 52 years in the insurance industry. He is available at http://www.zalma.com and firstname.lastname@example.org.
Mr. Zalma is the first recipient of the first annual Claims Magazine / ACE Legend Award.
For the past 52 years, Barry Zalma has devoted his life to insurance, insurance claims and the need to defeat insurance fraud. He has created the following library of books and other materials to enable insurers and their claims staff to become insurance claims staff.
https://zalma.com/zalmas-insurance-fraud-letter-2/ Last read two issues of ZIFL here.
Go to Barry Zalma videos on Rumble.com at https://rumble.com/c/c-262921  Read posts from Barry Zalma at https://parler.com/ profile / Zalma / post
Listen to the podcast: Zalma om försäkring https://anchor.fm/dashboard/episodesZalma om försäkring
Go to Barry Zalma on YouTube- https://www.youtube.com/channel/UCysiZklEtxZsSF9DfC0Expg/
Go to the Insurance Claims Library – https://zalma.com/ blog / Insurance -claims libraries /
https://visitor.r20.constantcontact.com/manage/optin?v=001Gb86hroKqEYVdo-PWnMUkV7pkuOtkiv6oakpgK33CNlNAYW-WBlLCOZFtgvpSdcL7R-tsWKfMVqG6fEuvmM7Hh7gUEJ7yKOdgHDbGl_cGAU%3De-mail version of ZIFL, its free! –