ethics in insurance

Ethics in insurance involve honest, fair, and transparent behavior by insurers and agents. It means providing accurate information, honoring commitments, and treating policyholders with respect. Ethical insurance practices prevent fraud, conflicts of interest, and misrepresentation. This builds trust, ensures fair premiums, and promotes a level playing field for all parties. Essentially, ethical insurance focuses on doing the right thing—balancing profit with responsibility—so policyholders can feel confident their coverage is reliable and dispensed with integrity.