5 Benefits the insureds enjoy from adequate insurance underwriting are:
1. Equitable premium
2. Adequate insurance cover
3. Asset Protection
4. Commeasurable claim
5. Peace of mind
Category:
Insurance
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To process your insurance claim:
Call your intermediary
Report the claim
Ensure the claim is acknowledged
The claim will be investigated by the insurer
Then the claim is settled by the insurer -
5 FUNCTIONS OF THE REGULATOR.
These are:
- Administration
- Supervision
- Control
- Sanction
- Protection
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5 Benefits of buying insurance through insurance intermediary are:
Connectivity
Convenience
Clarity
Continuity
Compliance -
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A lot of people are not lettered about the concept of insurance; some have erroneous beliefs about insurance which has shielded them from enjoying the benefits of insurance.
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I started this article on the topic: 6 FUNDAMENTAL PRINCIPLES OF INSURANCE YOU NEED TO KNOW. The first principle I wrote about was…
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