Pitfall #1: The Fine Print Exception
Did you know that some policies come with a fine print exception that allows them to void coverage for anything that happens within 5 years of signing up?
Learn more about exceptions and fine prints.
Pitfall #2: The Pre-Existing Condition Precedent Clause
Some policies have a clause that states you can't get coverage for pre-existing conditions. But what's a pre-existing condition, really? A pre-existing condition is like a pre-existing question, it's a condition that already exists!
Read more about the clause that's a real head-scratcher.
Pitfall #3: The Loophole of Limitations
Did you know that some policies come with limitations on coverage? Like, you can't get coverage for anything that's older than 10 years old! That's like trying to get a 10-year-old to sign off on a mortgage!