Browsing Tag

insurance companies

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Learn What Makes A Quality Insurance Company

What determines a quality Insurance company? A large number of clients, Fortune 500 endorsements or big, flashy billboards may sway your decision; however, the selection process can seem overwhelming with the wide array of options that are available. So, how do you determine what makes a quality insurance company?

The following tips will help you find a quality insurance company that can cater to all of your needs, with great deals and personal service. Choosing the right company is essential to finding the policies that are necessary in your life.

Do Your Homework

There is no question that most quality insurance companies are in great financial health. However, it is still a good idea to take time to ensure that they will be able to cover a policy you purchase at a future date. Otherwise, you are basically flushing your money down the toilet. Even though all insurance companies are required by law to keep a large reserve of funds to meet future obligations, it is always a good idea to do a bit of digging prior to making a purchase.

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Cutting Down Your Cost For Insurance

The economy has been unstable and unpredictable over the past few years and many countries have seen their economy’s enter a recession. The crisis was generally unforeseen because of the previous years of economic growth. This was fueled by the property boom and a lot of reckless lending practices. The bubble finally burst in the latter half of the 2010’s as the housing market collapsed, and the global financial crisis intensified.

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What You Should Know About Great West Life

My husband and I have had nothing but grief when dealing with the insurance company Great West Life.  I don’t usually write about specific companies, but in this case, I thought it might be useful for others who have the same grievances.  Below are just a few reasons why I would NOT recommend Great West Life to any employers who are currently seeking a Group Benefits provider.

Their Customer Service is TERRIBLE.

For a while, both my husband and I had coverage under Great West Life through our employers.  We found that the customer service was terrible any time that we had to call to inquire about our claims.   In fact, at one point, my husband had asked to speak to a contact centre agent’s supervisor, and the agent put my husband on hold for approximately 38 minutes. So, while holding with the agent, my husband called and spoke with another agent and was finally able to speak to a supervisor.  It was only after speaking with a supervisor that his dental claim was finally paid, after about a month and a half of senseless waiting.

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General

Never Be Passive With Insurance Companies

When it comes to insurance companies, it is really important to make sure you are getting your money’s worth when you make a claim.  I was recently in a car accident on my way home from work.  In order to ensure that I received the full insurance benefits, I immediately got in touch with my insurance provider and asked specific questions.

I found out that I was entitled to a courtesy vehicle because the accident was not my fault.  I also discovered that I could claim my injuries and that the insurance company would cover any medical expenses incurred as well as any time I miss from work due to my injuries. The representatives I spoke with were reluctant but I was persistent and eventually was able to get everything I had asked for.

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