Insurance is a process whereby simply following the rule of sharing losses, you get to protect yourself against major financial losses in the various tricky situations of life. In other words, by signing an insurance contract one party agrees to pay for another party’s financial loss resulting from the occurrence of a range of types of events.
Losses can be due to such things as a car accident, personal injury at work, damage to your property, major health problem, or anything else that might have a negative impact on your life. Under an insurance plan, you need to make regular premium payments to an insurance company. In return the company will indemnify you against the type of loss as stated in the policy.
There are various events in life where you get exposed to risk and it is such situations that determines the type of insurance you need to choose. There are basically three types of insurance policies you could choose from. Life insurance protects the dependents of a person and pays a sum in event of death of the insured person. Private Health Insurance helps to cover the hospitalization and other medical care costs incurred by the insured person. Property and liability insurance protects the property owner against any damage caused to property or any liability incurred from any person getting hurt on their premises.
We take up an insurance policy to protect ourselves against any untoward accident, personal injury, health problem, or property damage that could occur in the future. While some of these insurance policies are a statutory must (such as car insurance for drivers), there are many others which are optional. However, in many cases, insurance companies refuse to pay what the claimant considers a reasonable compensation claim. This can happen in cases of workplace injuries, and a whole range of injuries due to the negligence or incompetence of some other person, group or company. Seeking compensation for cases like this is where a good personal injury lawyer can help you.
The first thing you need to understand is that your insurance company’s decision is not the final word in regard of your insurance – especially in personal injury or work place injury cases. With proper organization and persistence, you can ensure that you get paid for your rightful claims. For this you need to be proactive, become familiar with your insurance policy, and get the advice and assistance of an experienced personal injury lawyer, car accident lawyer, workplace compensation lawyer, or whatever specialization seems most relevant.
Call the insurance company and speak with the customer service representative. Refrain from flaring up and keep all essential documents ready with you in regard to the claim you are filing. In case you fail to get a satisfactory response from the customer representative, you can talk to their supervisor or someone higher up the hierarchy ladder. If all the above steps fail to get you the proper response, you can file a written complaint against them.
Many a times it might be difficult for you to spare so much of time seeking your rightful due. This is especially true if your personal health condition prevents you from pursuing your claim with the insurance company. In such cases, you need to hire the services of a professional lawyer specialized in the field of insurance disputes. Remember that your best insurance is a insurance disputes lawyer who knows the system in and out and will eventually win the case for you.