Something to think about...
Mar 24, 2021Something to think about...
Insurance companies are smart...
They stand and survive the test of time...
They play the odds...
They control the rules and the fees...
They always win...
They will also try and find a way to not pay... if possible... that is basically their bottom line profit strategy...
In exchange they give you peace if mind... For that we pay our fee... So... take a look into what insurance companies are doing in the current situation with the v...
I am also hearing that other companies like Allianz are not paying out life insurance to people who die from the v ...as it is an experimental v ... Actually it doesn't fit the definition of a v anyway but that is another discussion...
There are other companies like ANZ doing the same...These are very smart businesses playing the odds... and these behaviours tell me they do not want to expose themselves to the unknown situation...
So, where does the risk end up... yep you... Many people take out life insurance when they take out their mortgage so that in the case of the primary income earner dies, the remainder or a big chunk of the home is paid off... You or your family may end up with no payout or maybe many years later if at all...
I wonder what the health insurance companies are going to do? It is an experimental v and there is enough information for everyone to know that... and therefore may not be covered by these insurance people... I hear that blood donors are also impacted...
Who absorbs people's sick days? I hear Guild Insurance is no longer issuing policies to nurses taking part in the v program.
I wonder what the insurance companies are going to do for pharmacies, doctors and nurses...
Insurance is something many people rely on as a backup in case something unforeseen happens...
It may be worth checking to see if any decisions will void your policy...
and from what I understand... it is not their responsibility to tell you that... they will keep collecting your payments and you may find out when you go to claim that you voided your policy or part of the policy...
Worth making the call on the insurances upon which you may rely to always be educated...
Worth looking into and watching what these companies do...