Tag: Dangers of under-insurance to the insured

Insurance

Dangers of under-insurance to the insured

Kindly leave a comment and share Insurance promises full compensation when claims occur; however, several factors may prevent insured individuals from receiving the full payout. These factors include policy excess, deductibles, single-article limits, and most notably, underinsurance. Underinsuring risks is a common practice among many policyholders. Often done without a […]