Insurance is indemnity agreement between the insured and insurer who the contract is called policy. Insurance contract is very specific because only signed by the insurer (the Insurance companuy) but blind the insured. The contens of agreement is generally prepare of the insurance company into something that is standart. therefore make sure all the guarantees we want list in the policy.
Sometime I wonder why they still a proplem of perception of insurance, which he said it is hard to claim the right of insured, agent contacted hard when needed and many other things that provide trauma for the community to participate the insurance programs that in factis very important for the future.
Maybe the describe bellow will give you a litle more a guidance before making a decision to participate the insurance programs.
In my opinion there are 3 issues that are highly complex
Problem of Power Company
Society usually didn't examine the strengh of insurance companies and some of people participate to insurance because forced etc.
The Power of company is very supportive payment of claims of customer. As we save money in the bank then it is advisable to examine the bank force in the management of customer funds.
With the existance at least 2 (two) aspect was considered, there are competance and integrity, then there is hope for insurance company will be manage better so that potential problems can be minimized.
Agent who are not professional
Agent who are not professional
Many customer are disapointed because the agent who are not professional supported and lack of attantion to customer care.
Example :
Agent A provide information of the prospect about the benefit of a,b,c,d,e,f. while the last deal are listed in the policy only the a-c. And the customer does not check, so the policy holders will be hapened i the future. So if the customer want to claims the benefit, it will not be granted.
A lot of customer who do not check insurance policies after the purchase that led to misunderstanding between the company and the customer.
There are also agent who do not pay the premium company are entrusted customer. Therefore caution want IF PREMIUM PAYMENT TO AGENT.
Customer who lie when making agreement.
Insurance, demanded honesty in filling customer health record. Dishonesty in charging record can result in cancellation payment of claims.
Example :
Mr. X in the 1 of the first month was diagnosed with asthma. Then in the1 of the third month he participate to a live insurance company by lying about his health and supported by medical check up without asthma.
If Mr.A is died within two year, the insurers have the right to conduct investigation for 3 month in hospital, office and family. If the record obtained the date 1 of the first month Mr.A asthma disease then the insurance will not be paid.
