How to Choose the Right Insurance ProductsThere
are several things that must be considered when determining what
insurance products will be used by yourself and your employer. Here are some tips on how to choose the right insurance products.
Separate objects / items based on economic calculationChoose items that are deemed necessary to be insured so you will not lose in the future. For
example, if you want to take out fire insurance for houses and
furniture, it is not necessary to incorporate computers into the
calculation along with the accessories. This is because the value of recovery for the computer company is very
low when compared to the value at the time of purchase of the computer
or when it will be insured.
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| How to Choose the Right Insurance Products |
Identification of objects / items clearlyIt is advisable to identify in advance for goods / objects to be insured. For example, in a garment factory with machines owned, generators and
other equipment that is still associated with the plant's production
activities.
Choose the insurance company with a good reputationDo not be easily fooled by offering low premium rate of a particular insurance company. When you get fooled, it is feared that insurance companies can not
claim complete payment when you file a claim against the insurance
company.Provide information / statement clearlyIt is advisable to provide information very clearly about the object / item to be insured. In addition, find more complete information about the insurance products offered. You can ask about the type of insurance, premium rate, extensive
warranties, the amount of charges to be paid and the claims procedure.
Scope of insurance coverage goodYou should choose the most extensive collateral insurance before the insurance company issuing the policy. For example, select property covers all risks for property insurance building, or cover all risks for motor vehicle insurance.
Select a package insurance productIt is advisable to choose an insurance package at a time rather than
choosing only one insurance product, this way you will obtain the
services and facilities are better pieces.
Select System First Loss InsuranceIf you have insured object with a very large value, it is recommended to use the system first loss insurance from insurers. It is intended that the premium that you pay does not become too big.
Adjustable System PolicyThe amount or value of the insurance stock merchandise in general will show a different volume every day and every month. To overcome this, you can choose a system of adjustable policy so that
you will pay a premium based on the volume of transactions or indeed
you have done.
Thorough and asksIt is advisable to always read carefully all the policy statements along with the articles. You can also inquire about the claims procedure is complete before approving the issuance of the insurance policy. If
there are errors in the writing, it is better to immediately notify the
insurer so that they will publish improvement in the policy.