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Do I pay insurance premiums monthly or yearly?

Is it better for me to pay for my insurance premiums monthly or yearly?

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    The bulk of that decision lies with your cash flow plays a major part in determining if you pay monthly or yearly. If you choose to pay monthly as a result of cash flow, you will have the advantage of easier expenses tracking but the disadvantage of losing the discount in the process. The discount varies from 1% to 3% and the policy paid for. For yearly payment, you will have to pay about 3% more than if you had paid monthly. So it is really up to your cash flow position.

    2019.08.01 18:0

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I don’t have immediate cash on me and the month is about to end, can I collect from my insurance?

I just passed by and from my knowing, I don’t think you'd be able to claim the insurance that you have been spending on especially for wants that is most likely out of the question, most insurance companies only release the money that you have been investing on only when you've been injured, deceased or in dire need of help

Can people be declined of the personal accident insurance based on his/her occupation?

Sad to say that people with hazardous occupations or people with occupations that are prone to accidents are declined by the insurance companies. Examples of these occupations are construction workers, fire fighters, police, military, divers pilots, aire crews, ship breakers, ship crew, and more alike.

I have been fraud by the insurance company.

Insurances companies comes from different countries that have different branches from all over the world. But there are companies who offers insurance that has great offers that will lure you to them. It is not a good thing to invest on insurance companies that seems fishy. Always background check the insurance company before availing one. If you know a insurance company that is a fraud, report the to the authorities for them to handle.

The insurance company that I invested is closing.

Insurance companies are well oriented when it comes to businesses. But there are times that we think like, what happens to a bankrupt insurance company. Well most of the insurance company are legal and recognized by the government. If it the company is registered to the country. Your insurance is safe. The company has a back up money to pay those people who bought their insurances.

What type of accidents covers car insurance?

It is a wise choice to get your own insurance as soon as possible. We do not know what is ahead of us, but becuase in nowadays. There are insurance that will help us in our future that may happened to us. People tend to forget there car insurance because there is just small percentage of car accidents. But little do they know. It is much better to have a car insurance than none. Choosing an insurance is difficult but by doing the right research, you can find one the suits you.

What auto insurance will reassure me that my family will be able to use the money I saved in case I died unexpectedly?

Be reassured with the insurance that you have by making sure that you read the contract thoroughly. There are ways where life insurance is not applicable or will not cover the death. First, is when the cause of death is suicide. It will also not cover when there are health-related issue to the death nor when illegal activities where done. There are some cases wherein the insurance will not be applied because it is outside the country. When a person also died because of armed conflict. Always make sure that you read what you have signed because we do not want every effort will not pay off.

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