One in five CI policies 'invalid' - FOS

Speaking on BBC Watchdog last night, chief ombudsman Walter Merricks said figures at the FOS suggest one in five, or one million, people may have CI policies which are invalid because the information they gave on their policy application does not tally with their medical records. Merricks says: "Of the products we cover at the ombudsman service, critical illness continues to be one of the areas that causes us most concern. The majority of cases we see are when a claim has been turned down because the insurer says there has been non-disclosure on the part of the policyholder. "There appe...