Balance insurance after breast cancer? Proposal to shorten waiting time from 10 to 1 year

by time news

What is the “right to be forgotten”?

For someone who has had cancer, but has been declared cured, it is often difficult to take out outstanding balance insurance with a bank or insurance company.

After all, when granting such insurance, the insurer inquires about the state of health of the person applying for the insurance. If the insurer has doubts about whether the insured will be able to repay the entire loan, the contract is sometimes refused or a much higher premium is charged.

Therefore, in 2019 the “right to be forgotten” law was introduced. For a number of cancers and chronic diseases, this determines a term within which people can be declared cured. Banks and insurers are then no longer allowed to take this into account, they must “forget” that.

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