No one nowadays has time to read long articles, so I'm keeping this short and straight to the point.
The one main thing you need to know about insurance companies, is that they are corporations, and their main objective is profit. They want to take your money hoping they won't have to pay any claims. Keep in mind their hopes are based on years and years of data and statistics.
The second thing you need to know, insurance is a 50/50 chance game, you pay insurance companies a sum of money in exchange for a higher sum of money in the case of a claim. Now, you may not have a claim and have paid all that money for nothing, or you may have a claim and the insurance company after collecting a smaller sum of money from you will have to pay a large amount of money in accordance with the contract they entered with you. Again as mentioned earlier, insurance companies do their homework and go based on years of data and statistics, and they cover themselves very well legally (why do you think you get a huge package after signing up for a new policy, it isn't because they want to waste ink and paper).
The insurance contract (policy if you wish), is a contract between two parties, the insurer (insurance company) and the insured (customer), they only party at a disadvantage in this contract is the customer, simply because he/she does NOT know the rules of the game and how to play it.
We are not saying insurance companies are evil, we are just saying before you enter into an agreement with an insurance company, do your homework, know the rules and how to play the game.
Not everyone can understand insurance or have the time to understand it, that is why it is very important to choose a trusted insurance professional who will look out for your own interest.
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