14 tips to get the most value from your insurance

DEC 13, 2017 AT 01:52 AM

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11. Evaluate exceptions  

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Some companies include a lot of exceptions in their contracts, which allow them to deny clients payouts after insured accidents occur. Exceptions may be about alcohol and drugs influence, high-risk situations, medical conditions of the insured person, among others. Only sign the papers after having read the exceptions, otherwise you might get yourself into trouble.

 

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Insurance intelligence is getting much more important today than it was years ago. A whole range of items and things are being insured: cars, homes, health, travelling overseas, life and even parts of the body.

12. Don’t use automatic renewal

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Companies propose you activate automatic policy renewal citing convenience purposes. However, this is not the best idea for your insurance. Review the insurance contract annually and probably add extra details. The world tends to change, we get or lose property, and our wishes and lifestyles may transform. It is therefore essential that your insurance policy should keep up with all those changes.

 

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Insurance intelligence is getting much more important today than it was years ago. A whole range of items and things are being insured: cars, homes, health, travelling overseas, life and even parts of the body.