Wednesday, December 24, 2014

All Risk Insurance

Term insurance all risk in the real world is not quite right, because all risk means any risk, thus causing an impression of all the risks in liability insurance, while in fact the insurance there are always exceptions. Lots of disagreement when the insurance claim because customers never read the policy on the receipt, or agents never explain the exclusion.

Many of the reasons why the agent never (or even do not want to) explain the exclusions in the policy, the agent may not know about the exceptions that exist or may be because the agent worry you will cancel buy an insurance policy once explained all these exceptions.

Whatever the reason the agent does not explain, you still have to read and understand each of these exceptions, because exception ignorance will not make an exception is canceled.

Hope this article can open your insight on the world of insurance because by knowing exceptions exist, then you will not be disappointed and blame the insurance company if your insurance claim was rejected because it included in the exception.

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