“Under the law, they have to show there was some kind of fraud committed at the beginning,” Tumarkin said.
No such claim was made in the letter of denial sent to Florence, the beneficiary.
An ivari spokesperson declined to comment on the specifics of the insurance claim when contacted by Global News, citing the need for privacy.
“In every instance, ivari fully assesses the merits of a claim, following our claims guidelines and policy obligations. At ivari, we pride ourselves on our commitment to our policyholders as evidence by our year-to-date 2022 claim payout rate of over 99 per cent,” said Suzzette Chapman, senior vice president of communications and human resources with ivari.
Tumarkin cited Ontario’s Insurance Act in a letter to ivari, which stipulates that insurance policies may only be voided for the first two years of their duration.