Under martial law, the insurance market continues to operate stably.
Insurance allows you to be one step ahead and mitigate the onset of unpleasant situations in life: damage to housing, car, health problems, loss of income, etc.
The insurance policy covers financial losses or helps to create a “safety cushion” for the future (life insurance, pension programs, etc.), but this requires an insurance contract in advance.
Before choosing an insurance campaign and draw up an insurance policy, you need to pay attention to important points.
Learn more about the insurance campaign you plan to use.
Ask about the state of financial indicators of the insurance campaign: the size of the authorized capital, the amount of reserves, investment portfolio, the amount of insurance claims and insurance payments, etc. You can also view the ratings of companies on various indicators on independent resources, read customer reviews, the composition of the participants of significant participation of insurers, market experience, history, information on the assigned ratings and more. Also, make sure you have a valid license in your insurance campaign.
Compare the rates of insurance companies and exclude from the list of risks covered by the insurer, choose the most advantageous option.
Be careful with the cheapest deals. For example, offers that have a long list of exceptions and limitations can be cheap. As a result, you may be legally denied compensation or insurance.
First, read the contract carefully – then sign.If you do not understand certain clauses of the contract, ask additional questions, find out all the details, features of the contract and only then sign.
What terms of the contract should you pay special attention to?
The scope of liability of the insurance company is a list of insured events together with the sum insured, in the event of which you will receive compensation;
the list of insurance risks is a presumed accidental event, due to the possible occurrence of which the insurance is carried out;
a list of exceptions that are not covered – for example, health insurance, as a rule, does not cover the cost of treatment of chronic diseases;
the availability and amount of the deductible is the part of the costs that is not paid by the insurance company and will be deducted from the total amount of insurance indemnity;
procedure for action in the event of an event that has signs of insurance: late notification of the insurer, as a rule, becomes a reason for refusal of insurance payment or reimbursement;
terms and conditions of consideration of insurance cases and the procedure for obtaining compensation.
Also, depending on the type of insurance, find out which structures you will have to communicate with in the event of an insured event. For example, when it comes to health insurance, find out the list of institutions / clinics where you can get services and which will be covered by the insurance policy.
