sincerem
VIP Contributor
We understand nothing last forever, at times too we know some companies can be surprising. They can just announce closure without informing their customers that they won't be in operation again.
Any Insurance company can do just that, closing without informing it's esteem customers prior to closure of business. To me, that will be devastating enough for any customer to witness, even me will feel too infuriated to see such happen.
It will go down as one of those old days of scam, cos when a company close down without formal notice to it's customers, it's an act of being fraudulent. It means they want to take away customers funds without issuing it back to them. If any insurance company is found doing such, those who insured with them looses their funds, and it's fraudulent act by the insurance company.
If you ever witness an insurance company you are contracted with, going off in the frame of operation, how will you feel?
Any Insurance company can do just that, closing without informing it's esteem customers prior to closure of business. To me, that will be devastating enough for any customer to witness, even me will feel too infuriated to see such happen.
It will go down as one of those old days of scam, cos when a company close down without formal notice to it's customers, it's an act of being fraudulent. It means they want to take away customers funds without issuing it back to them. If any insurance company is found doing such, those who insured with them looses their funds, and it's fraudulent act by the insurance company.
If you ever witness an insurance company you are contracted with, going off in the frame of operation, how will you feel?