Credit Card Insurance
|
A word of warning about Credit card repayment protection schemes
The people who sell you the policy and who take out your monthly payment for 'card protection' are not always (in fact, often aren't) the people who you will be dealing with in the event of a claim.
So be careful.
I took out my credit card protection cover last November (2004). I merrily watched the monthly payments being taken up to date. I recently made a claim. ) I had a heart attack and had to be off work for 8 weeks) I sent off for the claim forms, I sent them back, together with doctor's certificate; and waited. I eventually got a request from the insurance company asking me to prove that I was in work for the 6 months prior to taking out the insurance. What??? You may ask! Why? Well I called them and asked them ? Why? The answer was that it was a 'condition of the policy' that I had to have been in employment for the six months up to the time I took out the policy. 'Why was ~I not asked for this information when I took out the policy? I asked. The answer: 'You will have to ask your credit card company that, we just handle the claims. No amount of indignance of questioning got me a sensible response. I put the phone down in disgust. After all, My monthly payments were accepted with no quibble at all. Nobody asked me if I was in employment for the preceding six months when I signed on the dotted line for 'payment protection'.
I decided to call the credit card company and all I got was an automated machine asking me for my sixteen-digit account number ? ho hum. Been here before when I was trying to get them to send me out the claim form. I put the phone down.
Be warned. All is not what it seems to be. These guys will fall over themselves to sell you the payment protection. But you wait until you need to claim on it. It's a different story then.
Don't say I didn't tell you ?
Steve Kaye is a freelance Writer living in Torquay Devon. You can contact him on kaye.steve@gmail.com
|
|
|
Insurance Adjusters How They Work And How They Think
Here comes the insurance adjuster. Is he overly friendly? If so, watch out! It's OK to be hospitable. Be good-tempered and cordial - - but beware! Never forget he's paid to save his company as much money as he can. That's the name of his game.DON'T SIGN ANYTHING: Don't overestimate the good will of the adjuster. They're trained to investigate accident cases in such a way, if at all possible, to make their insured look good. Many unsuspecting individuals fall prey to the adjuster who seeks to protec...(related: Insurance)
Discount Auto Insurance
Whether you are looking for car insurance in Canada, the USA, or somewhere else, finding discount auto insurance can save you plenty of money. The first thing you need to do is get auto insurance online quotes.Finding discount auto insurance is actually quite simple if you use the online tools that are available to you. There are many insurance companies that will offer you online insurance quotes and then allow you to purchase your insurance right from your computer chair.What you want ...(related: Insurance)
Life Insurance Settlement
A new financial tool is now available for senior citizens. Life Insurance Settlements are quickly becoming a way for seniors to receive money from an under performing or costly life insurance policy.A life insurance settlement is the sale of a life insurance policy (whole life, term, universal life, etc.) covering the life of one or more individuals with an "ascertainable and limited" life expectancy. A life insurance settlement is usually most beneficial seniors over the age of 65.Some basic qualifications for a life insurance settlement are the above-mentioned age and health requirement, policy is assignable and beyond the contestability period, and the policy must be ...(related: Insurance)
Types Of Homeowner Insurance
There are 6 different types of homeowners insurance in general that are consistently utilized. Of these HO-3 is the most usual policy then it is followed by HO-4 and HO-6. Others less used, but still important, are HO-1, HO-2 and HO-5. Everyone is described below:HO-1A limited policy that offers varied degrees of covera...(related: Insurance)
Car Insurance Online ? Benefits Of Applying For Auto Insurance Online
Drivers are applying for auto insurance online not just for the convenience of comparing quotes, but also to find the best insurance rate. The benefits also include discovering new discounts and not being locked into a long term relationship with an insurance company.Comparing QuotesBefore the internet, getting real quotes from auto insurance companies was difficult. But, now with a few clicks of a mouse, you can get instant access to insurance quotes based on the coverage you choose. Online insurance sites also allow you to look at the details of each plan, so you can compare the quality of coverage as well as the price.Finding DiscountsYou can reduce your auto insurance p...(related: Insurance)
Insurance For Car Wash Fundraisers
Non-profit groups in this day and age need to watch out for lawsuits, as it is an unfortunate reality. Having a good event insurance policy can protect your non-profits funds from such a lawsuit in the event of a mishap or professional slip and fall con artist. Yes they are out there and they will target your group if they think that they can make some money in a lawsuit. It is sad state of affairs even thinking of this, but you need to protect yourself and your group.INSURANCE REQUIREMENTSUsually a gas station has an umbrella insurance policy to cov...(related: Insurance)
Handling Your Motor Vehicle Accident With Your Own Insurance Company
This "How To" article is crucial, up-to-date information concerning what to do if your insurance company is giving you a hard time (regarding your own motor vehicle accident claim with them) and you're positive it's "Legit". If there's some problems with whatever position they've taken regarding your Property Damage Loss (or any other coverage-questions they may be ducking/stalling/ignoring and/or disputing) you don't hav...(related: Insurance)
Finding California High Risk Truck Insurance
California high risk truck insuranceIf your are in need of California high risk truck insurance there's an easy way for you to find it. Fortunately with the advent of the internet and database development in the auto industry you shouldn't have any difficulty with C...(related: Insurance)
An Intro To Life Insurance
There are many options available for life insurance, and for most people these options can be somewhat confusing. Below is a brief review of each type and some advantages and disadvantages of each. When choosing a policy it is important to look at the larger picture so that you make a wise choice in terms of cost, coverage and benefits.Term life insuranceThese plans provide monetary benefits only if death occurs within the time period ...(related: Insurance)
site-map - Copyright © 2006 Insurance | All Rights Reserved. | Insurance