Comments on: How much is your life worth? http://www.avalonsguide.com/anab/2009/01/how-much-is-your-life-worth/ There is no "One True Path" to emigrating. Wed, 08 Feb 2012 04:34:28 +1300 hourly 1 By: Hubby http://www.avalonsguide.com/anab/2009/01/how-much-is-your-life-worth/comment-page-1/#comment-43 Hubby Sun, 25 Jan 2009 07:56:52 +0000 http://www.avalonsguide.com/anab/?p=297#comment-43 And the other thing to check is how much your policies may overlap each other. Insurance companies, being the nice sorts they are, will reduce their payment to you if another insurance company also covers the same type of risk. So you pay twice, get to pay two excess payments, both companies are sure to increase your premiums next year, and you still only get the smallest amount both companies can get away with paying you! This is something that really gets to me, I pay insurance, I expect the insurance companies to pay out what was promised. Yep - I'm a little naieve like that sometimes. So - check your policies, check if you've got duplicate cover, and kick the insurance companies into touch. Yes - it's better to have duplicate cover than no cover, just be careful you're not paying twice to only receive one benefit. And the other thing to check is how much your policies may overlap each other. Insurance companies, being the nice sorts they are, will reduce their payment to you if another insurance company also covers the same type of risk. So you pay twice, get to pay two excess payments, both companies are sure to increase your premiums next year, and you still only get the smallest amount both companies can get away with paying you!
This is something that really gets to me, I pay insurance, I expect the insurance companies to pay out what was promised. Yep – I’m a little naieve like that sometimes.

So – check your policies, check if you’ve got duplicate cover, and kick the insurance companies into touch. Yes – it’s better to have duplicate cover than no cover, just be careful you’re not paying twice to only receive one benefit.

]]> By: » How much is your life worth? http://www.avalonsguide.com/anab/2009/01/how-much-is-your-life-worth/comment-page-1/#comment-39 » How much is your life worth? Thu, 22 Jan 2009 03:28:26 +0000 http://www.avalonsguide.com/anab/?p=297#comment-39 [...] Read the rest of this great post here [...] [...] Read the rest of this great post here [...]

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