If your renters insurance in Allentown paid every frivolous claim from every Tom, Dick, and Harry, the rampant fraud and abuse would quickly run out of control and deplete claims reserves, which impacts the amount of money available to
pay legitimate claims of other policyholders.
If your renters insurance in Allentown paid every frivolous claim from every Tom, Dick, and Harry, the rampant fraud and abuse would quickly run out of control and deplete claims reserves, which impacts the amount of money available to
pay legitimate claims of other policyholders.
But when they're providing insurance to a large group of employees at a corporation or institution, they also have powerful motivations to
pay legitimate claims.
So, insurers have powerful motivations not to
pay legitimate claims.
Done frequently enough, that could adversely affect their ability to
pay your legitimate claim.
They're 100 % willing to
pay a legitimate claim — that's what they contracted to do, of course — but your insurer wants to make sure they pay only legitimate claims, in the interest of the company and of all the other policyholders of that company.
There are two models for disability insurance: 1) Underwrite carefully, and
pay all legitimate claims.
Good companies do their underwriting on the front end, and
pay legitimate claims.
When you pay your insurance premiums, you do so thinking your insurance company will
pay legitimate claims.
For once, a major corporation steps to the plate,
pays legitimate claims and does not force victims to litigate.
The Bottom line is this, Travel Insured uses all kinds of tactics not to
pay legitimate claims.
Done frequently enough, that could adversely affect their ability to
pay your legitimate claim.
They're 100 % willing to
pay a legitimate claim — that's what they contracted to do, of course — but your insurer wants to make sure they pay only legitimate claims, in the interest of the company and of all the other policyholders of that company.
No life insurance will fail to
pay a legitimate claim, the more experienced carriers usually pay claims more quickly.
Posted in AARP, beneficiary, cancer, contestability, contestability period, death benefit, insurance, life insurance, New York Life Tagged AARP, AARP life insurance products awful, AARP life insurance products unfair, AARP ordering medical records, AARP was wrong, AARP / New York Life, claims, claims department, claims person, contestability, death benefit, get out of
paying legitimate claims, insurance, lapsed policy, life insurance, reinstatement
My experience is that companies truly do want to
pay legitimate claims.