Before entering into an insurance contract, take the time to check the insurance company. Indeed, in case of unreliability of the chosen partner, you risk losing not only insurance coverage, but also the opportunity to receive payment for an insured event.
Instructions
Step 1
The first thing to check before concluding a contract is whether the organization has a license to carry out insurance activities. Information about all companies that have the appropriate license is regularly updated on the official website of the Federal Service for Insurance Supervision. In addition, pay attention to whether the selected insurance company has a separate license for the relevant type of insurance. Remember that the company does not have the right to conclude insurance contracts, for example, motor third party liability, without the presence of an appropriate license.
Step 2
In addition, check with the insurance company for information on the amount of the authorized capital. From January 1, 2012, the authorized capital of an insurance organization must be at least 120 million rubles. Do not purchase policies from companies that do not comply with this requirement, their license will either be suspended or revoked.
Step 3
Ask the official rating of the insurance company. Currently, many consulting agencies assign a certain rating to insurers. It is determined not only on the basis of the indicators of the collection of insurance premiums, but also takes into account the level of payments of this insurance organization, which is a key point for you.
Step 4
Ask the organization's reinsurance program. Insurers are proud of their partnerships with foreign companies, so they will be happy to share this information, it is not a trade secret. Reliability of reinsurers indirectly indicates the reliability of the organization itself.
Step 5
Find reviews on the Internet about the company you are interested in. Remember that there are always a lot more negative reviews, as upset people want to tell as many people as possible that they were dishonest. Highlight for yourself only informative and meaningful reviews with an explanation of the reasons for the refusal to pay.
