3 Ways Your Life Insurance Company Is Scamming You 2019

Well, it makes sense to get in touch with a life insurance company in charge in the event of your untimely death , there are integrity issues surrounding the insurance companies and agents. In general, it can be you three ways your life insurance fraud. We asked them to your advantage.

The sale of the coverage you do not need!
Insurance grow in the fact that most people do not understand the need for their life insurance. With standard products, they try to cover that you do not need to sell , but which are lucrative for them. The insurance agents expedite the process so that you skip the fine print and . Initiate reporting that little suited to their needs is The trick is to play on the fear factor and sell heavy insurance , even if you have no relatives .

Hug you pay " cash "
We suggest that you do not pay your premium in cash to an agent. Also be sure to get a receipt for the payment. There are many fraudulent companies that extract themselves to be true , the insurance agencies, the money from you instead of the insurance premium. They ask you to sign the blanks on a form to make sure it's just a formality. Once your trick, you are left uninsured . The worst part is that most victims only come to know of this scam , they found an accident and no insurance to cover it .

They lure with benefits !
Insurance agencies and agents have a way of promising you unbelievable benefits out a life insurance policy . Life insurance agents who can offer plans with a guarantee that the policy would no premium for a certain period . Some agents play it smart and offer you great discounts for signing up for a new policy , while replacing an old policy. The trick is that the old coverage ends and do not start a new cover because of the high administrative barriers . Thus, exposure is not to cover 

1 comment:

  1. Consumer insurance site, people looking to get info. on all types of consumer insurance (life, health, auto, homeowner's).

    health insurance