It only seems that life belongs only to the person himself. To an even greater extent, it belongs to his family, relatives. A person’s life, to some extent, belongs to children, is part of their happy future. Every day, leaving home, few people think about dangers, adverse surprises that are beyond our control. But they are, objective statistics data testify to this. That is why the issue of life insurance is appropriate, and this idea claims to exist. Realize it or not – everyone decides individually. Next, we’ll look at some useful tips for those who need life insurance .
Choosing an Insurer
Companies that specialize in life insurance are more than enough. Entrusting your life, or rather insurance of vital risks, one of them is quite difficult. The layperson mistakenly approaches the issue of life insurance as a regular purchase, focusing on the issue of cost of services. In this case, the choice of the cheapest offer among equals seems not quite right and turns out to be bad consequences.
Life insurance is not a purchase of a new stylish thing, it is gaining confidence in one’s own well-being. Therefore, investments in this type of insurance should be trusted financially stable, highly respected and transparently operating companies. It does not have to be a large insurer known throughout the country who will have to pay, including for the brand.
Small insurance companies fight for each client. For them, it’s important not the shaft of customers, but each individual person. They will thoroughly tell everyone, offer favorable conditions, explain the details of actions in the event of an insured event. Each policy for a small company is a success, and this is your chance to get paid.
How to evaluate the stability of the insurer
An objective assessment of the work of an insurance company may be its financial situation. Unfortunately, financial data is not always available, but it’s better to study all the materials provided on the company’s website, no matter how sad and tedious to delve into the numbers. What do you need to pay attention to?
– Share capital. According to the regulations, for life insurance companies, it must be at least one and a half million euros, for other specializations – at least one million euros.
– balance of assets and liabilities. By the ratio of these indicators it is easy to judge how much the company owes to customers and how much it can pay.
– dynamics of insurance premium payments;
– quarterly or annual profit.
Companies that work openly and honestly publish this data in the media and on Internet sites. The availability of financial indicators speaks in favor of the company.
It is sometimes useful to look at the ratings, study the history of the formation of the company, and ask its founders.
Companies whose life insurance services are more likely to participate in advertising companies. They expect to get new customers, therefore, they are not going to close.
The credibility and stability of the insurance company is indicated by the presence of a well-known partner bank and an extensive branch network.
Finally, a proven way to get to know a company better is to ask friends and acquaintances about it. Surely there are people in your environment who have already applied there. Ask for their opinion. A satisfied customer is the best advertising company.
All this information will create a complete picture and help you make the right choice.
Features of the behavior when concluding a life insurance contract
Become the client to whom the company will be forced to take an individual approach. Ask as many questions as possible, be aware of the financial condition of the insurer. Ask what the tariffs depend on. Request clarification of your actions in case of an insured event. Be interested in a license to conduct insurance operations.
The activity of the client allows you to identify the ability of managers to work with him, the friendliness of the staff as a whole. Do not be lazy and do not get lost. After all, you insure your own life!