Originally Posted by Alan Priddy
Insurance companies are only around to take money, not give it away and if they can find a loop hole they will use it. Be warned. Alan P
This statement is not true, they are not "only around to make money". An insurance company that wishes to stay in business will also pay valid claims, based on the coverage afforded and as described in the policy wording.
There are many mixed views of the insurance industry, based on peoples personal experience, unfortunately we usually only get to hear about the bad. The majority of claims in various different lines of business are settled to the satisfaction of the policy holder.
I was interested to see that Insurance Man is also a lifeboat man.....