...the insurance company has a moral obligation to simplify their contracts?
Because that's something I'd support. Thanks to our court system, contracts are almost always too complicated for the average person to understand.
But that's hardly limited to the insurance industry.
You say "everything is there in the fine print," and when I sign a contract I am saying I have read and understood what I'm signing.
If I sign a contract without reading it...who's fault is it?
If an insurer agrees to cover something, then refuses to...that might be immoral.
If an insurance salesman misrepresents what the contract says...that might be immoral.
But does a company have a moral obligation to make sure I don't make a stupid business decision?
Incidentally, my health insurance company gives me a discount if I go to the gym on a regular basis. They cover the complete cost (no co-pay) of most preventative medicine. They encourage me to improve my health and fitness.
I understand why they do that. They know my "wellness" holds down their costs...which helps maximize their profit.
Is that immoral? | 
