C441: I’ve never read the detail in a single insurance policy I’ve taken out, but am broad brush abreast of the mortgage documents I sign and consider myself fairly sophisticated in such things. In the last 5 years I have been ripped off (NO other word for it) by ANZ in Oz and one private contract overseas to the tune of AUD$400k in straight out fees - and that’s nothing compared to the losses and tax ANZ forced me to pay by liquidating rolled gold assets to satisfy their ‘unadvertised’ but seriously enforceable debt service ratios. With expensive lawyers we got close to what they were up to but the ‘intent’ of the documents we signed escaped us.
If ‘they’ set out to get you, they can and will.