General insurance Things to consider before registering with any insurance company

Phabbyfundz

Active member
With the numerous benefits and importance of insurance polices they are still some points or facts to consider before venturing or investing with any insurance company.
Many have fallen into the hands of wrong people who are just out there to make do with your hard earning money or investments in other to avoid been a victim to such people and save your self from further frustrations ,they are some points I would align to you to take into serious consideration before investing or purchasing and insurance plan or policy with any said insurance company.
First you have to make proper investigation and researches into any company before put your money with them, have a full understanding of their terms and conditions of contract before you can proceed with any further investment and try to also gather information from peoples experience.
 

Chibson

VIP Contributor
Going into insurance is not something that you need to be in a hurry to go into but it is very important that you make proper the search of any particular company you want to go and invest your money with. The reputation of the insurance company should be your priority.
 

Wisdom01

Valued Contributor
I think the first thing you need to note is the type of risk you want to cover , and take a breif study and see if you are more proned to that type of risk , before you think of going for the insurance policy ,if interested in doing so ,then you make your research very well on the insurance company to choose because there are so many scam ones
 

btaliat

VIP Contributor
There are many factors that we need to consider before investing in insurance policy. We need to ask ourselves if we truly need the insurance policy that we want to opt for. It is not all insurance policies that we are good to have. Aside this, we need to research on the company well before partnering with it.
 

Good luck

Verified member
One must do a visibility studies of policy or plan one wants to venture in before one can do any insurance policy.one must have a good idea of the very insurance plan to avoid issues in future or when there is a need for one to get reward from such company.people lack knowledge of insurance and fall victim of scam.or being duped.
 

Nite

Valued Contributor
Proper research into any type of insurance company is very crucial thing to do at the first place. You would want to have each and every information as possible before investing. If you fall into the hands of some rogue insurance company, all your investments can go to complete waste.
 

Mika

VIP Contributor
If you want to buy an insurance policy, you will have to compare the product and prices offered by many companies. Once you select the product and company, you will have to do research to see if the company is legit or not. The most important thing is to read terms and conditions throughly.
 

Mandy96

Valued Contributor
Before one should give it a thought of registering, you should be able to find about the type of insurance policy that one wants to buy, it is almost like an investment as a matter of fact. Partially, it is. So anything you are going to put your money in should be investigated
 
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