Defraud means to take by fraud. If someone cancels their policy as is within their rights laid out in the contract, there is nothing even deceitful in that action, much less fraudulent.WoW2012 wrote: ↑Wed Oct 06, 2021 1:52 pm I didn't say, "fraud". I said "defraud". There's a difference.
It costs several hundred dollars to underwrite and issue a long-term care insurance policy: medical records, prescription drug reports, phone health interviews, blood and urine samples, etc...
That's how it defrauds the insurance company.
Personally though, I plan to keep my policy, and I appreciate the effort that went into making things happen for me before the deadline.