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The insurance company that I invested is closing.

I just got my insurance last two month. I am excited because I this is my first time of having insurance. Being prepared for the future is a safe thing to do rather not not. I just got a call from my friend that insurance company that I just invested on is going bankrupt. Is my insurance still applicable after the bankruptcy that happened to them?

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    No Name

    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.

    2020.03.24 15:44

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