Action On Critical Illness Insurance Dismissed As Signs of Cancer Appeared Within 90 Days of Policy

21. October 2014 0
Insured’s action against insurer on a policy of critical illness insurance was dismissed on the basis that the insured’s cancer showed signs of developing within 90 days of the effective date of the policy thereby triggering a 90-day exclusion clause. MacQuarrie v. National Bank Life Insurance Co., [2014] O.J. No. 4130, February 27, 2014, Ontario ...

Award of Punitive Damages Against Insurer Upheld

21. October 2014 0
Award of punitive damages upheld but award of mental distress damages was reduced on appeal from judgment against insurer for failure to pay disability benefits. Fernandes v. Penncorp Life Insurance Co., [2014] O.J. No. 4039, September 2, 2014, Ontario Court of Appeal, R.B. Juriansz, S.E. Pepall and K.M. van Rensburg JJ.A.