Life Insurance

A draft circular published by the Capital Markets, Insurance and Savings Authority is intended to put an end to discounts of tens of percent that insurance companies grant to customers for a limited period of several years, in order to encourage enrollment. "It may influence his judgment at the time of enrollment and bias him away from making an informed decision," they write at the Authority.

A bereaved brother claims that the insurance company reduced the compensation due to him after his brother's death by hundreds of thousands of shekels. The court is now examining whether the deduction was carried out legally.