 Would you let an insurance company handle a claim? |
I am doing and can see corruption I'm sure.
Additional Details
1st answer, you mention another extreme.... |
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 What liability insurance is needed for a club (choir) to take children on a trip (Jersey)? |
| we're nota company but a club and are now thinking what liability insurance we need. I've read details on the web but we're not a sports club or a company and i'm confused in what ... |
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 Where should i look for health insurance plans? |
| i work freelance as a designer from home and i'm currently covered by my husband's health insurance plan through his job. we would like to have him quit his job and help me so that we can ... |
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 Crime reference number would i need one?? |
| if u crash your car then leave it because you assume its a write off but it gets took then set alight by vandals and is now a complete write off could you still claim and would you need a crime ... |
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 Can you have 2 short term disability insurance clames pay you at the same time?? |
| I will be having surgery and will be out of work for 4-6 weeks, i have short term insurance at work, but it only pays 60%, can i get another policy on my own and also collect that money???... |
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 Insurance won't replace windows...is this right? |
| I just comletely remodeled an older home (including refinishing the windows and original trim) and it has the old windows with divided glass. Unfortunately we had hail a week ago and it broke out 7 ... |
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 Buildings cover - How much do I need? |
| I'm looking for home insurance and one of the questions is how much buildings cover do you want? This is in addition to the value of your property question. I thought they were the same answer?<... |
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 Are there any legitimate insurance companies out there that you can work from home w/o paying big $$ to do it. |
| Looking to work at home as an insurance agent - I have a liscense but I don't want to do any MLM thingie or spend a ton of money buying crappy leads for a company that promises the moon and the ... |
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 Health insurance for pre-existing conditions? |
| I'm 29 years old and had reconstructive urological surgery as a child and have had to be closely followed by a urologist all my life. I'm originally from Canada, but have permanent ... |
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 Health Insurance question....can an agent answer this? |
| I'm shopping around for health insurance and a question that is asked is about being a smoker. I quit almost 4 months ago. Some only ask, "Do you smoke tobacco...yes or no", others ask,... |
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 What do you think of this proposal to replace our health care dilemma? |
First of all I think we can all agree that our "for profit" system we have now, must and will be replaced. Now, how about this?
1. All workers will pay in let's say 2% of our ... |
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 I inherited a life insurance policy how do i check to see if its real? |
they say send them legal fees and they will send me the fund
Additional Details
i am the benificery they say fees are for the signing of my name also were can i check for ... |
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 How investments is better in insurance than in share market & mutual funds? |
| if person invest in insurance and he invest which is safer for him to invest.... |
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 What right does my Mortgage company have to lay hands on MY Homeowners Ins. Claims check? |
I had a house fire and my mortgage company is giving me the run around about sending me my First Draw, after I’ve done all they have asked.
It appears to me, this is a scam by mortgage ... |
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 I'm looking for a health plan, with low monthly payments? |
neither my or my husbands job offer health insurance, so we are looking into private plans like Blue Cross Blus Shield. I am 28 and hubby is 29 and we have a 2 year old.
The quotes we�... |
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 Insurance claims? |
| Anually, what is the value of insurance claims due to water ... |
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Curious | Is it just me but are certain types of Insurance just scams? |
If you agree with me what types are? |
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Wide Awake
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Well, if you look at the amount paid in premiums vs. the probablility of the event happening or the payout, yes.
Some good examples are:
* Credit card or store card disability insurance. Premiums are astronomical compared to the payoff. Also, most people who work are covered by disability insurance, which would cover this cost at a much lower premium.
* AD&D (Accidental Death and Dismemberment) policies or riders. Statistically unlikely to happen. But, people get these anyway, since it isn't too expensive.
Conversely, ALWAYS take the life insurance they offer you at work, unless you already have more than enough personal insurance. The premiums are very, very low. However, make sure you have some personal insurance outside of work as well. You will eventually leave the job, or retire, and converting these policies requires an astronomical premium when you are older.
For any insurance, do research and decide if you are investing your premium money wisely. |
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Good♥Gyrl
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Yes, I agree. For example: a lot of the disability/credit protection insurance policies are not as useful as they seem. Most times, they only pay out 90 days later - hello?! 90 day wait? I need my money now! - and you have to go through hoops to prove you don't have the income anymore, and often times get denied for a technicality. |
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insuranceguytx
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I've always wanted to start a 'catastrophic meteor' insurance company. The policies would pay $1,000,000 in the event of a collision with world-ending meteor.
I think I would have a hard time getting that past the regulators and a hard time selling the policies. But it would be 100% profit. |
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kcincon
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The outright scams are already listed, but I think car insurance is as well (why mandatory?). I would rather take a GW approach to SS and save the money I pay in my own account to pay for my own damages.
Safe Driver Credits don't save premium increases from fraud!
The optional insurance for autos like "back up transportation" is a scam, my Dad was paying something like $74 a month and I told him to drop it right now! |
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DMart28
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Yes, some are so you really have to do the research on them. I know I fell victim to one company. Thank G it wasn't for a long time only a couple of months. Becareful |
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Vadalia
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A lot of insurance isn't a really good idea for most people. The only "must have" insurances are-
Life insurance- this is a must for most people but you actually only need it if you have a parent, spouse/ partner, or children who rely on your income. The only smart life insurance to have is term life. Never get whole or universal coverage.
Auto insurance- must have because it's the law. And if you have a home or other assets, it's smart to have good coverage. Otherwise, if you're got a clunker or not a lot that could be taken in a lawsuit, go to PLPD if you can.
Disability and health insurance- most people don't have it because it's digustingly expensive but it really is a "must have" for obvious reasons. A note on disability insurance- don't get insurance on specific illnesses (like cancer) and don't get insurance that covers you if you can't get any job- get what covers you if you can't work -your- profession.
Home/renters insurance- Home owner's insurance most people have to have because of their mortgage and it's good to have (who wouldn't want to protect the biggest investment in their life) However, renters insurance is only worth it if you have a lot of money in things they cover (computers, furs, guns, silverware, ect seem to be a standard)
The rest of insurances are usually just, well, someone trying to sell you something. |
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mbrcatz
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Viaticals. Whole life insurance. Universal life insurance. Social Security (it's just a big Ponzi scheme, after all). Those are the ones I can think of easily. |
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