 Do you know anybody who has faked a burglary to claim insurance? |
| did they get away with it. i know someone who did, should i have told insurance company.... |
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 COBRA Insurance question? |
| My wife currently carries our family insurance with her company. We were wanting to have another baby on her insurance and she is wanting to quit working in Jan. If that is the case we would ... |
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 What are your thoughts on insurance's.Do you feel they are just a scam in disguise? |
They all want your money,but then when you need it,there's always a catch,or some reason they come up with, to keep from giving you the money..
Additional Details
I think there main ... |
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 I'm self employed, where can I find health insurance? |
| I would like to find a provider that will pay 50% - 80% of my medical bills and all that good stuff. Where should I start looking? Who is best to go with? Is there anything you think I should go ... |
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 Where can I purchase individual health insurance? |
| It's actually for my mom who is 63 and needs some type of insurance until she is 65 and eligible for medicare. She just retired. Does anyone know good, reasonably priced plans that she can look ... |
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 My Insurance claim? |
Early December 2006 I dropped my pc down the stairs.
I just got a call from the Insurance people and they say that I will get a letter from the underwriter before wednesday?
Why ... |
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 My wife sadly passed away last week ...? |
| After a long and sad illness and I sent a death certificate to the Prudential to claim under her life policy. I rang the Prudential today and went through to an Indian Call Centre where I enquired ... |
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 Can I buy a Life Insurance Policy on someone I don't even know? |
Seriously.
For instance, If I took out a policy on Bob Barker, I could expect a payout in about three to five years.
Can I insure someone without their knowledge or permission?<... |
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 Life insurance: Which would you pick? |
Scenario: 30 year old purchasing a $250,000 policy. Would you buy:
A) Whole life insurance that cost $3100/year. By age 65, you will have $60,000 in the cash value.
B) 35 year ... |
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 How much is too much to pay for health ins for a family, through you employer? |
Almost 400 a month is taken out from my check to pay for insurance.
Additional Details
Had an HMO and switched to PPO to save money. Ended up paying about the same because the rates went ... |
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 What is covered under your home owners insurance? |
| I have a main wall in my house that over time hase become week due to high winds. I can actually see the wall move, i have a big moon window and a crack going done. I have folks out who hae told ... |
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 Life Insurance from AIG!? |
Hello,
I have a life insurance from AIG. If AIG goes bankcrupcy, what will happen to my life insurance?
What should I do now?
Thank you!
Additional Details
Thank you ... |
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 Why are insurance companys rip offs? |
| how is it that you pay extra for dental ins. and they tell you that you can't use it for a year. let's see if they could live with a toothache for a year. can i get my money back that was ... |
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 Insurance claim? |
Scratched car?
while going to the bank i parked my car in a short stay free car park i packed up fine. On returned to my car as i had forgot something there was a different car parked next to ... |
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 How do you get your Lienholder to sign off on an auto insurance check so you can cash it? |
| I got in a minor accident and was issued a check from my insurance co. My family is really short on cash right now and we were thinking the best thing to do is leave the damage on the vehicle and ... |
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 My apartment is making me get renters insurance, can they do this? |
| We have been living in this apartment now for over a year, and now they are telling us that we have to get renters insurance. We have to have at least liability, so basically if our appliances cause ... |
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SNEHA S | Whether insurance policy is a product or service? |
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Pushparaj R
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Insurance policy is a service only. But it is also to gain profit. They estimate the average life time of the citizens and then only fixing their premium for life insurance. But there is also risk in it. There is a popular investment principle "Largest expected returns are associtated with riskiest ventures" |
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vinay s
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Insurance policy is a product giving security to the dependants of the insured. After taking a plicy what the insured or his dependants get is a service |
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SafetyDancer
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Technically, neither.
An insurance policy is a legal contract that contains a promise that if a specified event occurs, the company that underwrites the promise will pay the designated party up to the limitations stated in the contract, barring fraud or deception. |
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surender p
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Insurance policy is non tangible product and Insuance Industry is service sector. |
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JI
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Service. |
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naz
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insurance policy is a service not a product
insurance companies provide protection against risk of loss
they provide protection against loss
insurance is an agreement between two persons by which one of them undertakes to indemnify by the other against a loss" |
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mani money
 |
From Business perspective Insurance is a Service. But to bring in more clarification, it is a contract between two parties i.e. the insured and the insurance company.
There are a few characteristics that classify Insurance as a Service - like it is intangible, perishable, most important is involvement of service provider (insurance company in this case) is there till the contract is void. In contrast Product is Tangible and the ownership is with the customer as soon as product is purchased and the company involvement is over |
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jasmeet a
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i don't need to answer any more of ur question becoz everybody said it right.
i m also an insurance advisor.basically in our company we use the term product but to the customer it is a service given by a company or u can say intagible product.
basically,insurance and banking are service sector market |
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RAVI M
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i say both its a product base on service
why i feel this until unless u wont by u will not get service and once u buyed u r totaly depend on sevice.
but why u want to know this
i feel u want to know smething else |
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howfuzzywuzee
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I would venture to say that insurance is a PRODUCT that we buy for protection from something, be it LIFE insurance in case of our death to help a family with expenses, or AUTO insurance in case of an accident to help recover our losses in that situation, or PROPERTY insurance in case of losses incurred say for example storm damage. When we file a claim for any of the forementioned types of insurance then it becomes a SERVICE. The insurance policies we purchase as a PRODUCT are to help us recover our losses and return life to normal as possible based on our policy agreements and financial limits in our insurance policies. That is the SERVICE part. Make any sense to you? That's the way I've experienced what insurance is. If you never file any claims, its always a PRODUCT. |
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