Insurance companies may act in bad faith towards policyholders driven by profit motives, seeking to maximize their own gains. This can lead to unjust claim denials, delayed payments, low settlement offers, unfair practices, coverage denials, and deceptive marketing strategies.
Insurance companies sometimes do not act in good faith towards policyholders due to their profit motive and the desire to maximize their profits. They may deny legitimate claims, delay payment, offer low settlement amounts, engage in unfair claim settlement practices, deny coverage based on technicalities, and engage in deceptive or unethical marketing practices
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