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Some of these cases seem like plain censorship. Other cases seem like something equivalent to the 10% rejection policy many US American insurance companies have
by lizardactivist 4y ago
Some of these cases seem like plain censorship. Other cases seem like something equivalent to the 10% rejection policy many US American insurance companies have, where they will flat out reject valid insurance claims just to raise the profit margins.
Personally I would never dare putting anything but spare change in the hands of Paypal or other US American payment providers.
- jfghi 4y agoI’m familiar with insurance practices but have never encountered a 10% policy. I’d claim instead that there is error on the side of closing too much as contract language is rather clear and legal fees would likely exceed the value of smaller claims.
- lizardactivist 4y agoIt was a few years ago and I can't find the source anymore, but it was an interview with an ex. executive at one of the large insurance companies who literally quoted the 10% figure and policy. It may be different or non-existant at other companies.
- deleted 4y ago[deleted]