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Do Insurance Companies Pay?

06-Oct-2011

Personal insurance is one of those things in life that clients often question the value of.

 All of us hope that we never have to claim on a personal insurance policy but the reality is that most of us in our lifetime are likely to be eligible to make a claim. Do the insurance companies pay? The attached article shows the number and value of claims paid from various retail insurance companies in 2010, if personal insurance did not exist I can only imagine the financial difficulties families and businesses would find themselves in.

 

To view the article please click on the following link.

 Do Insurance Companies Pay?

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The information contained on this web page is for discussion purposes only, is of a factual nature and is not intended to constitute financial product advice. It does not take into considering your individual objectives financial situation or needs. You should consider its appropriateness in light of your circumstances and consider seeking professional advice relevant to your individual needs before making a decision based on this information. Lifepath Advisers Pty Ltd T/A Lifepath Advisers ABN 86 795 436 417, Authorised Representative of Financial Wisdom Limited ABN 70 006 646 108, AFSL 231138, a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124.