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 Posted: Sun Mar 29, 2009 2:26 pm Post subject: Choose a coverage amout |
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| i wan know the how we choose a coverage amount in insurance marketing.. |
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Nitinvarshney01
New member
Joined: 29 Mar 2009
Posts: 1
1.00 Dollars($)
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| Posted: Mon Mar 30, 2009 4:09 am Post subject: |
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Okay, what type of coverage are we talking about? I'm sure that each insurance available in todays market has evolved from specified needs of human, to cover certain risks. Therefore, you first need to assess the risks you want to cover and then convert the expected losses into monetary losses to decide the coverage level. IMO you should discuss the matter with a local agent and explain him your needs, and since he is a professional he would be able to guide you in this regard.
Thanks,
Rupert |
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RupertWBradson
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Joined: 05 Jul 2007
Posts: 636
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| Posted: Mon Mar 30, 2009 4:14 am Post subject: |
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coverage depends lot more on the following facts........
1. age
2.annual income
3.health conditions
4.personal habits.
insurer will take all the considerations before awarding you the insurance cover. 
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amit
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Joined: 25 Jan 2009
Posts: 366
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| Posted: Mon Mar 30, 2009 10:47 am Post subject: |
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Hi! I guess amit is referring to the income factor since it's your buying power that will decide on how much you'd be able to pay for your insurance premiums. At the same time, you'd also need to decide on the worth of 'deductible' that you'd be able to afford. Pinkfloydfan
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Pinkfloydfan
Guest
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| Posted: Mon Mar 30, 2009 11:36 am Post subject: |
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Nitin, you need to let us know what type of insurance and what type of covergae you are talking about
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Lori
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