They hope to reduce the chance of abuse of the policy
Posted: Thu Jan 23, 2025 5:42 am
As for not setting a claim limit or number of claims for individual protection items, but only using the annual protection amount as a limit, is this really an ideal policy setting?
In fact, the policy sets the number of claims and limits for individual protection items with a similar starting point to the establishment of co -insurance., make the risk pool healthier in the long run , and help alleviate the pressure of rising premiums. .
Just think about it, if accident insurance does not bc data malaysia set the number of claims and limits for individual protection items, the total number of claims and the total amount of claims by all customers will tend to increase, which will inevitably force premiums to rise in the long run.
In fact, the policy sets the number of claims and limits for individual protection items with a similar starting point to the establishment of co -insurance., make the risk pool healthier in the long run , and help alleviate the pressure of rising premiums. .
Just think about it, if accident insurance does not bc data malaysia set the number of claims and limits for individual protection items, the total number of claims and the total amount of claims by all customers will tend to increase, which will inevitably force premiums to rise in the long run.