General insurance Detecting insurance policy scams

Phabbyfundz

Active member
The general importance or benefits of insurance companies insurance plans or policies cannot be overemphasized, because its benefits are numerous transcending through every aspect of our daily life's. But we can still attest to the fact that they have also some many situations where insurance companies have been discovered to fraudulent, and sweet mouth scammers, but that's not withstanding to the other case scenarios where this people disguise as insurance companies to defraud unsuspecting clients.
I would to to state some ways of detecting insurance policy scams or knowing when not to invest in these insurance companies.
The countless number of people who they led to several stages of frustration. So I want this to be like awareness to sensitize those of us in the public who haven't yet known the antics of these fraudulent insurance companies.
 

Chibson

VIP Contributor
It is very important that before you venture into any insurance scheme you should make proper research about the particular company and they know their reputation and even if possible you can contact people that have I had an insurance agreement with them. Making enough research is definitely a good measure.
 

Mandy96

Valued Contributor
If you ask me, I think insurance policy scam is easy to identify except you are the type that likes good things to come easily. Most of the people that get scammed generally are lured by what get them freaked. It is advisable to be very careful especially online in order to avoid fraudsters
 

btaliat

VIP Contributor
There is no way there won't be bad part of anything no matter how good or secured the thing is. That is why it is advisable to make sure there is brokers or even agents, at worst to be putting through the intended insured person so that he won't fall into scam.
 

Wisdom01

Valued Contributor
There are many insurance companies and policies available ,before choosing anyone make sure you have made your own personal research and you are very sure of the policy and the company so that you will not get scammed many people have lost huge amount of money , insuring in a wrong insurance company
 

btaliat

VIP Contributor
There are different search engines available these days and I am very sure there is no information that is hidden from online domain. It is very essential to take one's time to know more about any insurance that one wants to opt for to avoid being scammed of hard earned money.
 
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