How To Choose A Good Insurance Company
Insurance is actually very important for our lives, because of the
importance of insurance, so on this occasion. Supplier or the insurance company so, too, so it is sometimes difficult to choose the supplier or the insurance company is the best.
The thing to keep in mind that the choice of a private insurance company, then it
should be considered in general are three factors:
1. Financial strength (security).
2. Service (Service).
3. Costs.
In the article there is an explanation that the
financial strength of insurance of insurance related to the financial capacity
of the company to fulfill its promise, if the situation requires. It is
important to know, because not a few insurance
companies that look good on the outside. For example a building floor, good
delivery vehicles. But when there are claims of customers, the company is
unable to pay.
In assessing the financial strength of these two
criteria that must be addressed:
1. Assets and liabilities.
It can be seen from the consolidated balance sheet is
published in a magazine or newspaper. See also, if planted in the current
investment or long-term. Of liability (ability to repay liabilities) will look
at the balance sheet, how the debts of reinsurers, how he fulfilled his
obligation to pay claims, and so on.
Indicators of net liabilities include equity (equity)
divided by net premiums (net premiums) of at least 50%. Capital divided by
gross premiums (gross premiums) of at least 20%. Limit the level of solvency,
as seen from its own divided by net premiums capital of at least 10% and
investment funds technical reserves divided by at least 100%.
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2. Underwriting policy.
In the balance sheet and annual report will be seen as
insurance is always a profit, or earnings growth. This means that the company
underwiting good policy.
Its underwriters. insurance has qualified or not
personal. It is known by the company
profile which includes subscribers him.
For this, there are many types of insurance that you can choose and
consider. Do not be too confident with seduction and an explanation of insurance agents, but how can you get
advice or guidance on-menereus agents about your insurance.
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