Insurance Lecturer — Whether someone likes or not the insurance-agents manage to track them down with fabricated insurance news about so called beneficial schemes. Insurance of everything, such as life, property, car and house, is an indispensable need but the maximum number of people ignore it.
Do you know why? It is due only to unscrupulous delays in the payment of money or compensation that defames almost all the insurance companies in the world.
But what seems to be apathy on a part of insurance agents or surveying-executives is actually the carelessness of the client itself. Let’s have a look at it.
Why the claim is not paid on time by the insurance company?
It is a most crucial question needed to be addressed. The unscrupulous delay in payment of compensation is undoubtedly condemnable as it stigmatizes all the insurance companies in the world.
“Was it for running from to pillar to post for claiming the compensation for an insurance policy was sold to us” is a spontaneous question haunting a maximum number of the claimants.
Such kind of feelings arise if there is caused a delay in the clearance of compensatory money. Undoubtedly a delay in the clearance of claim is condemnable.
However, this is not the only false insurance company. No insurance company ever wants to be blamed for neglecting its clients. Devoted to serve better and earn a good reputation in the market is each insurance company’s sole motive.
So imposing any blame on the insurance company for delay or refusal for payment should be seriously analyzed. It is the paradoxical or scanty information, mentioned in the insurance form by the client itself, which causes delays or refusals for compensation.
Even a single word causing confusion can disqualify you or your family members during a claim.
The individuals, before buying any insurance policy, should seriously go through the terms and conditions. Instead of being influenced by the insurance agents you should rather rely on the insurance news to be published daily in the news papers.
What to ensure prior to having any insurance policy?
You should read the news papers and be well introduced to each insurance company or bank offering insurance services under various attractive schemes.
It is the insurance news that will keep you updated with several newly introduced schemes, including high-risk cover against repayment of loans. There are many financial institutes who rescue the borrowers from being mortgaged by the creditors through different insurance schemes.
Collaboration of internationally-acclaimed banks or financial groups with the native insurance companies also credentials the reliability. If you have any doubts regarding insurance-scheme, interest rate, maturity period, and its existing terms and conditions you should personally consult its customer-care-department.
Unless and until you are completely satisfied with the insurance company, you should never move ahead in striking any deal with that. In order to keep yourself well acquainted with the news of various insurance schemes you should surf the internet. The internet is also the best way of getting fresh insurance news round o clock.