Issues of Making a Claim

Making an insurance claim can be a stressful experience. With private health insurance, you go to a GP and get a referral to a private practitioner. Then you contact the insurer for the go-ahead. Life insurance and critical illness policies vary greatly, so you need to contact the insurer for help in the unfortunate event of a claim.

Do Get Insured

Some people don’t like insurance policies because they see them as a gamble. You pay for insurance on the off chance that something bad may happen, whereas if you gamble at the GamingClub Casino, for example, you risk money with the aim of gaining more. While the casino might be more fun, buying insurance is always advisable when it concerns the wellbeing of you or your family.

Precautionary Measures

When insuring against loss or theft, prepare well by keeping records of everything on your policy. You’ll need receipts, serial numbers and maybe photos of items if they’re particularly valuable.

Make That Claim

Here is a list of things to do if you ever need to make a claim:

  • Call the police: if a possession of yours has been stolen or vandalised, the incident must be reported to police without delay. Most insurance policies demand this to avoid invalidation.
  • Policy details: check all the small print on your policy to ensure you’re covered for the loss. Ideally, you should do this before agreeing to the insurance, but most people don’t do it thoroughly.
  • Gather paperwork: remember all those meticulous records you kept regarding your possessions? Now’s the time to gather them up for an insurance claim.
  • Be clear on what happened: write down exactly what occurred leading up to your loss.
  • Phone up: call your insurance company via its claims hotline and be ready with all the details you’ve collected.