The difficulty of dealing with insurance claims is often a scourge for insurance policyholders. Not a few also make it as one reluctance to buy an insurance policy whether it’s health insurance, car, or property insurance. Therefore, before you decide to use the insurance it will be better if you can in detail choose the right insurance agent as you can find in landlord guides . But the difficulty of dealing with such claims is not without reason. Everything is in the agreement between the insurer and the buyer of the insurance policy and is bound by law. That is, claims will not be arbitrarily rejected. Here are some reasons!
1. Policies Inactive (Lapse)
The insurance policy may be inactive because of some circumstances. This inactive state is also called lapse. The insurer is not willing to pay insurance claims when the policy lapses.
2. Claim Not Covered By Clause
An insurance policy contains an agreement that covers the criteria of what is entered and is not included in the insurance coverage. In TLO car insurance, what is meant to be heavily damaged can vary from one insurance to another. It could be at least 70%, 75%, even 80%. So, insurance will not cover financing damage, if the damage does not reach an agreed percentage.
3. Claim Submission over Time Specified
Insurance claims may be delayed or even rejected if the claim management exceeds the time specified in the policy. Insurance always gives a certain time limit for claim management. Through it, claims can be rejected. Car insurance claims should be taken care of immediately because the time limit is short, only 3 x 24 hours. As for insurance such as life insurance, the time limit between 30-60 days.
4. Claim Document Not Complete
Be sure to know all the documents that must be provided when making a claim. Just one less document, the insurance will refuse the claim. For example for life insurance, a certificate from a doctor is required. You are also required to fill out a claim form. When filling out the form, fill it as honestly and as clearly as the insurance will check. They will not pay a claim if the contents of the claim form prove to contain lies.