Watch the full video at https://youtu.be/tQB3yB4geoA  Insurers must use the recall remedy with caution. Insurers should never assume that the promise to pay damages to the insured under an insurance policy with impunity can be broken by informing the insured that the insurer has terminated the insurance.
Revocation without sufficient evidence is incorrect. Revocation without advice from a competent adviser is a tactic filled with danger. Withdrawal without a thorough investigation is dangerous. If there is no valid basis for revocation, the threat or attempt to seek such relief may constitute a breach of the good faith agreement and fair trade indicated in the policy and subject the insurer to damages for that breach, including punitive damages.
A plaintiff's lawyer became rich when he heard that allegations that people were given a rubber stamp that read "RESCISSION" and had no idea what it was, what was needed to prove revocation and even how to spell "rescission" "jury members became angry and punished the insurer.
The policyholder's lawyer would take the claimant's deposit and ask them to spell the word. When the claimant failed, his unbelief was established. When they spelled the word correctly, he asked the adjuster to indicate the elements necessary to carry out a recall. Almost no one could answer appropriately.
California, with a draconian repeal law, still makes it clear that if an insurance company chooses revocation without sufficient evidence, it will put the courts' wrath on it. Failure to prove will be the basis for accusations, easily proven, of outside torturers. [1
If there is sufficient evidence, the revocation will deprive the insured or insurer of all rights under the policy. The court will conclude that the agreement never existed and neither party has any rights under the contract. 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 email@example.com.
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.
Read posts from Barry Zalma on https://parler.com/profile/Zalma / posts
Go to Barry Zalma on YouTube- https://www.youtube.com / channel / UCysiZklEtxZsSF9DfC0Expg /
Go to the insurance claims library – https: //zalma.com/blog/insurance-claims-library/
Read the last two questions by ZIFL here. https://zalma.com/zalmas-insurance-fraud-letter-2/ Px19459011]
Go to Barry Zalma, Inc. website here https://www.zalma.com/  Listen to my podcast, Zalma on Insurance, on:
https://podcasts.google.com/?q=zalma%20on%20insuranceZalma on Insurance –