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Do You Trust Insurance Company ?


woolford16 Rep Points: 2,160
Posted on April 2, 2009 at 9:20 am
yeah well my dad is an insurance broker and i trust him so i guess im biast, i get what you are saying though. i think my dad is pretty good at being honest

mariaclarissa Rep Points: 430
Posted on April 2, 2009 at 9:24 am
I'm beginning to lose my trust in Insurance company. I don't know ig I will ever invest in Insurance. In the past 5 years, 3 Insurance companies here in the Philippines went bankrupt. One of the biggest Insurance company right now is also at the verge of shutting down their business. the Insurance company that I am talking about was claiming that they are being backed up by a large company in the US. Too bad because the large company that they are talking about is already close to banckrupcy. So, it is really hard nowadays to trust in Insurance companies.

di1159 Rep Points: 540
Posted on April 2, 2009 at 10:14 am
It's difficult to trust insurance companies these days.  It's also a major inconvenience to file a claim. Even though many companies let you file online, its still a maze of redtape and paperwork to get a response in a decent amout of time.  You pay your premiums year after year and expect to get quick service in return.  There needs to be an easier way for them to get the money into the right hands quicker.

apocalypsereturns Rep Points: 765
Posted on April 2, 2009 at 10:26 am
T o trust in a  insurane company the person has to be Positive minded and also the  company should have a good reputation in the minds of many people you can research on this company in which you want to invest.

sekhar4m92 Rep Points: 585
Posted on April 2, 2009 at 11:21 am
I do the Trust the Insurance Company which I prefer Because It have a High class reputation in Market and they are the most Old enterprise in this field too.

paoxav Rep Points: 905
Posted on April 2, 2009 at 11:26 am
well yeah.. coz i will not take their service if i dont trust them..

tenchi18ph Rep Points: 1,140
Posted on April 2, 2009 at 3:37 pm
As of now, many insurance company got into closure because they cannot sustain the budget allocated for the consumer. And I don't trust them.

Hidrant Rep Points: 15
Posted on April 3, 2009 at 12:30 am
insurance???well let see about the factinsurance give a protection to something or somebody life.i think it is not a bad idea since it give us a protection..for example my friend got an accident and his back bone was broken..he went to hospital and he had not to pay anything since he the insurance protection...the insurance paid all his hospital feein another case, someone may think like this"i had pay the insurance fee for a few years . but until now i`m in a good condition. i don`t feel like i get something special from this insurance. in fact i spend a lot of money to pay this insurance fee."it seems to be true. but....did you know that you get a saving from the insurance company with high interest rate??this is the advantage!!you didn`t lose anythingwell said, isn`t it?if you interested to get an insurance, you have to see about the company budget, how long the company has been running,etc...

vinoth Rep Points: 105
Posted on April 3, 2009 at 7:29 am
Yes i trust them, they helped me when i met an accident, as i was insured for accidental insurance.

chirayil123 Rep Points: 825
Posted on April 3, 2009 at 8:55 am
Yes i trust  on insurance, not in all  but only in LIC of India
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