Does the presence of a “rider broker” in the insurance policy work to the insured’s disadvantage? Is the presence of a broker’s rider a disadvantage for the policyholder?
A number of recent court rulings have held that the presence of an "rider broker" means that the insurance policy is no longer a contract of adhesion but a contract of mutual agreement... to the detriment of the policyholder. My article with Elodie Le Prado in the Tribune de l'Assurance