There is a widespread impression that all are equal and insurance companies merely collect receipts and pay as little as possible whenever they can but wonder what will be the full responsibility of the companies is also partly or ours? The Spanish has an amazing ability to make others responsible for any misfortune that happens to you, and not take any blame. This time I will talk about two rules that exist in the world of insurance and never wish you the dash, or else I will know that you have suffered a loss and the corresponding policy is not engaged properly. At this point you can waste your time doing responsible to whom you please, but you will very soon.
Insurance is an agreement between two parties where you state what you want and ensure their circumstances to the other party decides whether to accept secure and at what price. The problem arises if you suffer an accident and the insurance company finds that the reality does not match what you initially stated to make sure. This is when you "will teach" the insurance culture through the rule of fairness and proportional rule. While each has different origins effect for you is the same, if you appropriate to apply receive less than they need to cover damage suffered or caused, as you say you paid less secure than they actually owed. Consider these two rules very briefly:
1 - Rule of equity. (... Law of insurance art Contract 10, art 12 and art 90) if insurance omit consciously sought or declare inaccurate information in the event of a claim you will reduce compensation in the same proportion as between the premium paid and should have paid you have correctly known the risk the insurance company. For example, the child with expensive car insurance that does what the name of the father, the carpenter with insurance of-work manager when you craft, or home insurance with alarm connected to central almost never activate. In such cases the incident happens and if it is found that drove the son, the carpenter is but worker manager and the alarm was not activated when stolen, the insurer shall apply this rule to pay less compensation.
. 2 - Proportional Rule: (. Law of Insurance Contract Article 30) if you have a loss and capital employed in the policy are lower than those that exist in reality, your compensation will be reduced in the same proportion as the sum insured and that should have been declared with a correct assessment of the insured property. For example your home is valued at 200,000 € and save money stating that think only worth € 100,000 (ie under-insurance). Well, if an incident occurs you will also help save the insurance, and you pay half of the compensation that you would be entitled to receive.
To keep you apply the rule of equity to correctly answer the questions you ask. Do not ask what you do not have to say anything because it is the insurance company that has the technical knowledge and who takes the risk or not, so will ask what you need to know to assess the risk to ensure good. And to avoid the proportional rule evaluates objectively the goods to ensure, if you can not search who I'll be able to indicate, check the sums insured frequently and if you lose sleep Question insurer the option of excluding your insurance application of this rule.
Remember why you want insurance, and if you delete the unnecessary need to save but do not neglect important. If you do not know something ask a professional with experience and better soon. By doing this you will not have to waste your time looking guilty if you have not compensated what they owed.
Insurance is an agreement between two parties where you state what you want and ensure their circumstances to the other party decides whether to accept secure and at what price. The problem arises if you suffer an accident and the insurance company finds that the reality does not match what you initially stated to make sure. This is when you "will teach" the insurance culture through the rule of fairness and proportional rule. While each has different origins effect for you is the same, if you appropriate to apply receive less than they need to cover damage suffered or caused, as you say you paid less secure than they actually owed. Consider these two rules very briefly:
1 - Rule of equity. (... Law of insurance art Contract 10, art 12 and art 90) if insurance omit consciously sought or declare inaccurate information in the event of a claim you will reduce compensation in the same proportion as between the premium paid and should have paid you have correctly known the risk the insurance company. For example, the child with expensive car insurance that does what the name of the father, the carpenter with insurance of-work manager when you craft, or home insurance with alarm connected to central almost never activate. In such cases the incident happens and if it is found that drove the son, the carpenter is but worker manager and the alarm was not activated when stolen, the insurer shall apply this rule to pay less compensation.
. 2 - Proportional Rule: (. Law of Insurance Contract Article 30) if you have a loss and capital employed in the policy are lower than those that exist in reality, your compensation will be reduced in the same proportion as the sum insured and that should have been declared with a correct assessment of the insured property. For example your home is valued at 200,000 € and save money stating that think only worth € 100,000 (ie under-insurance). Well, if an incident occurs you will also help save the insurance, and you pay half of the compensation that you would be entitled to receive.
To keep you apply the rule of equity to correctly answer the questions you ask. Do not ask what you do not have to say anything because it is the insurance company that has the technical knowledge and who takes the risk or not, so will ask what you need to know to assess the risk to ensure good. And to avoid the proportional rule evaluates objectively the goods to ensure, if you can not search who I'll be able to indicate, check the sums insured frequently and if you lose sleep Question insurer the option of excluding your insurance application of this rule.
Remember why you want insurance, and if you delete the unnecessary need to save but do not neglect important. If you do not know something ask a professional with experience and better soon. By doing this you will not have to waste your time looking guilty if you have not compensated what they owed.
0 comments:
Post a Comment