In my last article, "Insurance Phobia" published in the "Insurance Times", I enumerated various aspects of why people are afraid of insuring as they feel that insurance is not a transaction worth spending money on for reimbursement of unfortunate loss. They say that they go on insuring but no claims are made. Some say that the loss suffered by them is not reimbursed to their satisfaction. But there is no limit to satisfaction.
Truly enough, the insurance people are at fault for failing to educate people, which leads them to say, "Insurance is to help make profits." But the aspiring agent for commission says that "All losses will be paid." This creates confusion if the party is told from the beginning that insurance is not for making profits but for the reimbursement of loss as per the terms and conditions of the policy. The insurer must be told to go through the policy in the beginning itself, so the insurance always mentions on the docket of the policy to advise to go through the policy in the beginning itself.
So the insurance always mentions on the docket of the policy to advise going through the policy at the beginning. The proposal form, which is supposed to be filled in and signed by the insured, contains various questions that form the basis of the contract on which rating is done. But, unfortunately, this is often taken lightly by the signatory, and the agent himself fills up the proposal and signs as simply as a love letter. This creates a problem. For instance, a health insurance claim was rejected as the insured was suffering from hypertension in the past, and this fact was revealed by his old mother to the doctor. The doctor recorded it in his report, and the insurer rejected the claim as a lack of good faith.
この記事は THE INSURANCE TIMES の September 2024 版に掲載されています。
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この記事は THE INSURANCE TIMES の September 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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