 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
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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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 The doctor bills? |
| Me and my husband have independant insurance. We pay 300.00 a month and that is with maternity. Now the doctor says we have to pay the entire doctor bill before May so that is 500.00 a month. They ... |
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 Does insurance pay if your car need to be repair in the repair shop? ? |
The car was accidentally hit in the wall of my own garage... And it really hit a bit bad in the other side of the car...
My question is if i bring my car to a repair shop to make it to be ... |
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 In an adventure tourism business, is self-insuring a bad idea? |
| Safety is a number one prioroty and has never been an issue. We have a 100% track record.... |
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 My friend told me that you can get car insurance cover letters from some garages.? |
Anyone have more information on these?
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Yeah apparantly some garages can give you some cover letter which are legit and cover you in the event of an accident, only its ... |
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 What sort of Life assurance / mortgage cover do i need? |
| We have an interest only mortgage and need to get some kind of cover for life insurance / endowment or mortgage assurance - we have no idea what to look for - we want it to pay off the mortgage ... |
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 I need a life insurance policy that is affordable for my mom who has cancer? |
| I do not have alot of money and I am trying to find a life insurance policy that I can afford for my mom. Sha has cancer in her throat and I can not find an insurance company that will give her ... |
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 I want to start selling insurance and quit the current job that I have.? |
| Should I just quit the job that I hate (lol), and start with the insurance, or do the insurance on the side while i have this job then quit when i have clients built up?????... |
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 Looking for cheap insurance? |
| just baught a van and looking for insurance companys numbers,thanks ... |
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 Can an insurance company deny you a claim even if the other person got a ticket? |
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The other driver failed to yield the right of way and rear ended my husband.... |
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 Home Contents Insurance - what affects this price? |
would contents insurance be more expensive for a lower ground floor flat, or ground floor flat, than the upper floors?
Is there any statistics on whether they're more likely to get broken ... |
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Chris cc | Would you let an insurance company handle a claim? |
I am doing and can see corruption I'm sure.
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1st answer, you mention another extreme. |
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welcome news
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You don't say what sort of claim and you don't say whether you are refering to insured (i.e those the insurance company paid you - or those paid to a third party) or uninsured losses.(policy excess, injury, time of work etc)
There are two main principles that insurance companies have to watch out for and obey.
TCF: Treating Customers Fairly - this is the paramount concern of the FSA at the moment. Insurers/ Intermediaries must treat their customers fairly - in a claim for instance they must pay out when reasonable to do so and make fair offers to re-imburse insured losses. If they are pursuing a claim for uninsured losses on your behalf then they must be careful not to prioritise their claim over your claim - this brings me to:
Conflict Of Interest. Insurers/ brokers must ensure that there is no conflict of interest whenever possible between their actions on behalf of clients. Thus: If you are sold a worse policy because the broker makes more commission then that is a conflict of interest - if your insurance company also insures the third party then that is also a conflict of interest. Possible conflicts of interest have to be disclosed and evidence provided of how the conflict was resolved in the customers favour.
If you are unhappy about the claims settlement process, I suggest that you make a formal complaint through the complaints process all regulated companies must have, outlining your concerns.
Another typical problem is if the third party claims damages for something that they are not entitled - i.e. inflated claims. This would not be your insurer's fault - the difficulty is in proving that the claim is exagerated - bearing in mind it is often one person's word against another.
There are other possible problems and if you could provide more information I can tell you how they should be best resolved. |
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mbrcatz
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As opposed to letting the kid down the street handle it?? Um, yes. The insurance company claims handler is at least licensed to adjust claims. |
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bundysmom
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If I wanted my claim paid, then yes. They're the one's that handle claims for the policies they write. |
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Dave1001
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I'm assuming that you are discussing whether or not to let a public adjuster handle the claim.
I would recommend a public adjuster in a situation where the claim could get really complicated. If it's a straight up situation where you have all of your receipts, it's usually not that hard for you to handle it yourself. If you own a business and you had substantial losses, hiring the services of a public adjuster may be a good idea.
If you feel that you are not being treated fairly in how your claim is being handled, you should talk to your agent. They can actually do a lot to help you. If you really feel like you're getting the shaft, report it to your Department of Insurance. |
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Christie
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That's their job. It's what you pay insurance premiums for. And what sort of "corruption" do you think you see? I am so sick of hearing how insurance companies try to screw people. As opposed to just going along with the propaganda you hear everyday, why don't you let the insurance company do its job and THEN decide whether they were fair or not? |
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MSAD
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yes, if you want to get paid.
The claims adjuster's job is to negotiate, investigate and settle claims as appropriate. They consider the facts of the loss, physical evidence, policy language/terms and case law if needed. It's your agents job to sell the policy, the underwriter's job to develop new products and determine what risks to accept and the claims adjuster's job to handle claims.
With out more information on your situation, I can't tell you any more. |
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Stephen A
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This is a very basic part of there job |
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