Mataracy
VIP Contributor
Insurance company can be describe as a company who are in charge of helping people to insure their property or even life.
In this case whenever some body go to the company to pick up policy they will present a lot of policy that they have on ground in which the insured person will now pick one suitable for his/ her business or property.
Some will even go to the extent of taking up life insurance policy which no one can predict when one will even die.
After when one had picked the policy a premium will be given for the person to be paying be it every month or on a yearly basis.
If the incident refuse to occur then the insurance company will continue to enjoy some ones money without refunding.
Can we now say that ; insurance is a scam?
What can you say to it?
In this case whenever some body go to the company to pick up policy they will present a lot of policy that they have on ground in which the insured person will now pick one suitable for his/ her business or property.
Some will even go to the extent of taking up life insurance policy which no one can predict when one will even die.
After when one had picked the policy a premium will be given for the person to be paying be it every month or on a yearly basis.
If the incident refuse to occur then the insurance company will continue to enjoy some ones money without refunding.
Can we now say that ; insurance is a scam?
What can you say to it?