Economy, Business and Investment

Insurance is an agreement in which the parties promised to guarantee a secured party, to receive an amount of premium in lieu of damages, which may be suffered by the assured, as a result of an event that is not yet clear. In this case, the parties guarantee is usually an insurance company, while the party which is guaranteed to policyholders.

Insurance policyholders are entitled to obtain or make insurance claims to companies that have done the previous agreement if things are not yet clear is actually happening. Own insurance claim is a demand recognition of the fact that a person is entitled (has or have) on something, in this case the insurance policy.

However, many insurance companies are a little cheating, meaning if the time for receiving claims of their policyholders as if to gain time on the pretext that the procedure takes a long time, investigation of cases, the necessary documents for the claim is not complete.