You are definitely very correct on this. a lot of people who do not know the advantages of having insurance policies. Some people will think that you are wishing them bad luck when you tell them to enroll for insurance schemes. I think there should be a lot of enlightenment of people on the advantages of having insurance.
In these day health service are too much costly so if some one have medical emergency any time it is very tough to arrange money. Insurance is much helpful. I have it experience. Before 3 years I have cataract surgery, at that time I have health insurance so I have not any problem on money
Insurance companies have not problem in doing insurance of old things. But on loss when they calculate amount of loss, depreciation clause applied on most of vehicles, electrical motors and machines. Amount of insurance premium is almost alike of all companies
Wow I never that they consider all these before insuring an old item , yeah insurance premium are costly that is why many usually take their struggle to find a better insurance company that would offer them a better service , despite the low amount of premium been given I think
It is right that some insurance are costly. And it is also fact that we can't get benefit on insurance of an old item. In India if a vehicle is 10 year old than we will not get any claim on accident or theft. Here we have also problem with health insurance. To claim one must be admitted in hospital. Outdoor patient is not eligble for claim
They are actually in for also Making profit that's their primary aim , they don't just cover risk and other properties ahead of uncertainty , the have other goals to acheive as a company , because that is how they would get the funds to run the company property and pay the workers their wage too ,
But despite how costly it is and how hard is it to arraign big amoun, I think it's still very important to get the health insurance policy , because the person might face health challenges in the future , and also the constant check up and treatment by the insurance company would help the person get protection from illnesses too
Insurance work as shocker in case of any odd happening. In these days life style is not healthy, we don't know when we have any serious health problem. In these treatment is also expensive. For a middle class person it is not easy to arrange big amount with is few hours. If we have health insurance than we need not to worry about it
It may be in you country but here in India most of Insurance companies are all most alike.I read in news paper than one private insurance company limited claim amount up to some amount. It was not pre-condition. It is not easy to research about trend of paying claim of Insurance companies. But it doesn't means that we neve buy insurance. What may be the amount of claim it help us in emergency
Well, actually it's depend on the each of the Insurance policy and regulations. That's way very important before we decide to join in any insurances company we should make a research about the insurance. It's not all insurance company provide good benefits to their members. We have to very vigilante.
But it is my experience that Insurance companies are not much good is paying claims. They have too much if but, and it is almost impossible for us to know about these at the time of buying insurance. In India terms and conditions for farmers are not much in favor of farmers. Terms and conditions and not practical. Like it to claim expenses of treatment one must be admitted in hospital. I think it is not fair one.
