Health / Health Insurance / Rescission: is a controversial insurance industry practice that has come under fire as an unfair tactic used to deny coverage to policy holders. If you've been a victim of rescission, your insurance company has received a claim from you, and then ?€“ after reviewing your application and medical history for undisclosed conditions or inconsistencies ?€“ has cancelled your policy at a point when you needed it most. Read recent news articles about rescission.
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Business / Finance / Right Of Rescission: The right to void a contract without any penalty within three days as provided in the Consumer Credit Protection Act of 1968. MORE
Business / Finance / Cooling-Off Period: To deliberately falsify the financial statements of a company. This is an illegal practice. MORE