General insurance Top mistakes to avoid when dealing with insurance company

[Augusta]

It can difficult when dealing with the insurance company as a new comer. This even become worse when you have limited Knowledge about what it entails. You are bound to make mistakes. These are mistakes you need to avoid as a starter

Going mainly for cheap money insurance company not even checking properly if they can give you the converage you need

Avoiding the use of insurance brokers. These are professionals and have the needed experience. They are there to give you the best contract.

Not disclosing the true nature of your contract or hiding some information from the insurance company. This might just.cost you a whole lot in the future.

Not taking proper assessment of each policy features and if it want you are looking for.you need to be convinced of it

What's your thoughts?

 

[Sherman198]

Insurance companies are not really many where i am cos of the poverty level and rate. If you are not financially equipped you can't uphold your insurance policy for a very long time. I think while dealing with insurance companies we should always go for the policy that the company can provide and maintain effectively, if not, we may be dealing with the wrong company.

 

[Mataracy]

Insurance companies are not really many where i am cos of the poverty level and rate. If you are not financially equipped you can't uphold your insurance policy for a very long time. I think while dealing with insurance companies we should always go for the policy that the company can provide and maintain effectively, if not, we may be dealing with the wrong company.

You are correct. That is why the writer said that its use to be difficult for some people who are just coming up as a company to just entered in to insurance company to insured them without good planning. Before any company will insured their belonging they must have done all these. One should know the pol

 

[Mika]

As an insurer, you need to make sure that you have actually read every clause in the terms and conditions. If you do not read properly nd if you miss some points, it can be very difficult while making claims for your coverage or getting a bonus. Read between the lines to make sure you understand everything.

 

[Augusta]

As an insurer, you need to make sure that you have actually read every clause in the terms and conditions. If you do not read properly nd if you miss some points, it can be very difficult while making claims for your coverage or getting a bonus. Read between the lines to make sure you understand everything.

Definitely, this is like the most that an insured should do. I doubt I can ever go into any kind of contract without reading the terms and conditions attached to it. How would one even know the incentive here in a policy without being convince with the terms and conditions. It good to take note of it

 

[btaliat]

I do advise anyone that one that's going into insurance to please adopt the service of some expert while going into it. There are many formalities that are attached to insurance companies and if all these are not taken into consideration, one may end up falling into some scam insurance companies.

 

[Augusta]

I do advise anyone that one that's going into insurance to please adopt the service of some expert while going into it. There are many formalities that are attached to insurance companies and if all these are not taken into consideration, one may end up falling into some scam insurance companies.

You are right, it isn't everything that one will know about it's intracacies that is just there are always experts in each field. They are there to make sure that clients that contact them have the best service for the field so there's no issues with it.for insurance the brokers are there to help

 

[sincerem]

One needs to be convinced enough before going into insurance. Avoiding those mistakes can only occur when we've taking our time to learn about the insurance company and its policies to ascertain its credibility and compare it to others if it worth it or not. We shouldn't feel neglected when it comes to making proper findings before enrolling into insurance policy.

 

[Lens1000]

For a beginner that is just about adopting an insurance policy. The insurer should ask himself / herself a vital question. It is important for the insurer to know the reason why he wants an insurance policy . If he discuss this with an insurance consultant, he will be introduced to the insurance policy that will perfectly suit his needs.

 

[Augusta]

For a beginner that is just about adopting an insurance policy. The insurer should ask himself / herself a vital question. It is important for the insurer to know the reason why he wants an insurance policy . If he discuss this with an insurance consultant, he will be introduced to the insurance policy that will perfectly suit his needs.

This is the whole essence of using an insurance broker whether as a beginner or an amateur in it. The broker albeit a genuine one will be in a better position to give one the best fit insurance policy even the information one will get will be from the stand point of a professional

 

[Augusta]

One needs to be convinced enough before going into insurance. Avoiding those mistakes can only occur when we've taking our time to learn about the insurance company and its policies to ascertain its credibility and compare it to others if it worth it or not. We shouldn't feel neglected when it comes to making proper findings before enrolling into insurance policy.

You are on point, it is of essence to get infomed before even choosing an insurance company. Let alone going for a policy. Without getting the information or using the right broker mistakes are Eminent so instead of throwing money away the first time it will be better to pay the brokers to help you out better

 

[sincerem]

For a beginner that is just about adopting an insurance policy. The insurer should ask himself / herself a vital question. It is important for the insurer to know the reason why he wants an insurance policy . If he discuss this with an insurance consultant, he will be introduced to the insurance policy that will perfectly suit his needs.

That's the work of an agent or customer care service working for the insurance company we are looking up to secure insurance policy to guide us on what insurance premium policy we should go for. And we shouldn't forget to ask the consultant the benefits of the policy, and also if their is discounts for such policy.

 

[Wisdom01]

Most times the cheap insurance policy don't normally go in the way you want it ,that is why it's best to go for the ones that are worth it and the policy that are more suitable to you , because there are so many scam insurance company offering very cheap policy

 

[Chibson]

Using insurance brokers as you have stated is very important for anyone that really wants to go into any insurance agreement especially if you are a newbie. It is always very important to disclose the necessary information to the insurance company in order to avoid mistakes and forfeiture of benefits.

 

[Augusta]

Using insurance brokers as you have stated is very important for anyone that really wants to go into any insurance agreement especially if you are a newbie. It is always very important to disclose the necessary information to the insurance company in order to avoid mistakes and forfeiture of benefits.

Definitely it is right to always disclose the right and needed information to the insurance company or the brokers so that you can get the right information and know whether to engaged in in the policy or not.this is because going against any of the policy will bring about heavy penalty if not avoided

 

[Mandy96]

Well insurance has not been a very lucrative business so far, in my country probably because of the current situation of the state. For this reason one has to be careful in order not to be scammed because fraudsters do make use of this as an opportunity for them to carry out their evil act