Insurance teaches us not get insured because it becomes difficult to avail of when you ask benefit promised . . .
0 comments Posted by Malaybalay Blogger at 11:39 PM
What a way to learn but it is true. You insure an item because it will be paid for the next three years so in case it gets stolen, you will have protection. Then coincidentally, the unfortunate event happened and the motorcycle which was insured got stolen! Then through the years, there was much commotion as to who would go about the process because now the company which got the insurance paid was no longer as interested as before to help how to go about the process. the details are just so painful to go through again.
Now, the company went on collecting and even went as far as pursuing a legal action after all these years when in the first place the insurance was supposed to pay it. Learning point: Do not have anything be insured unless the details are so detailed the points are clearer that daylight. From experience, to avail of the befits promised is so difficult your anger is enough to kill you or give you high blood pressure!
Take note: Insurance is a good perspective but its promised benefits? too much to be desired!
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