by: Mohammad Latif
Making a compensation claim looks easy and a good idea in the beginning... but as time goes by, you discover the catches and fees. However, by that time its too late! Too late especially if the medical is done...
The claims culture arrived and it was chaos. Door canvassers and telesales, knocking and ringing constantly for an injury claim. Have you had an injury? Have you had an accident in the last 3 years? It went ballistic, new companies evolving and new tricks came into place that would work against you.
The 9 Pros and Cons...
The Salespeople
Avoid these people who stop you in the streets, shopping center or at the hospitals! They don't give a damn about you and surely don't give a toss what the outcome is, of your injury claim. They work on a commission basis.
The Agreement
Did you ever understand what was said before you signed the agreement? I guess not. 'Don't worry it doesn't mean anything, the company will contact you and sort it out'. Did they ever? Today there is so much jargon, i.e. crap, out there that many people just ignore a claim for compensation even if they have an injury.
The Bank
In the beginning it was always a helping hand with your claim, until it was settled, with insurance and loan deductions. Policies were taken out in the thousands which back fired. And guess who provides the financially funded policies? The BANKS!
The Loan
A loan agreement to fund a claim is unnecessary, but the salespeople claim 'otherwise it's not possible to be compensated and you'll have to fork out a couple of hundred upfront to get started'. However, the deduction is phenomenal as the interest accumulates over the period of the claim. It could last up to 2 years and it gets deducted from your compensation.
The BIG & small Company
It didn't help the victims as it was deducted from their compensation, but surely helped the BIG companies, who have now declared bankruptcy with millions 'scoped' from their victims. But today you have smaller companies doing a similar trick, we'll do this and we'll do that... with their technical wording.
You'll get confused just like food, this many calories, protein and fat. There is so much advertisement going around that you just think forget it, stick to what we normally do. NOTHING!
The Law
Compensation is an entitlement by law, for release of funds to the injured for being involved in an accident or being injured to some form. Accidents do occur, that's life as nobody's perfect. But with the media filling our heads with different slogans, headlines and examples, we get more confused even when it all means the same thing.
The Media
On TV, there's new advertisers showing victims of accidents and how they have had an accident. But what they don't realise is, each accident is unique, so why portray victims as happy as they could ever be with their payouts. Imagine you doing that? It's a marketing stunt. But unfortunately many do fall for it.
The Solicitor
Specialist solicitors in claims should only handle your case, not a solicitor with a commercial background. So you need a solicitor with experience in the appropriate field to handle an injury or accident claim.
The Internet
Browse from one site to another is not going to help. You'll be there all night, all week, all month or all year and still never make a claim for compensation. Their technical jargon, all mean something similar. We'll do this and we'll do that. Find something simple that will help.
Now that you are geared with such knowledge, do yourself a favour?
Apply it!
For more information please visit www.honostreview.com
Monday, December 1, 2008
Insurance Claims
by: Alan Jason Smith
When you are involved in an accident insurance claims may not be the first thoughts on your mind. However, there are some procedures you should follow in order to preserve your right to file an insurance claim. This may be anything from hail damage to a stolen vehicle and does not refer solely to car accidents.
The first thing you want to do is prevention. Most insurance claims can be prevented even before the incident occurs. For instance, to prevent auto accident’s be cautious and think about taking a defensive driving course. To prevent stolen vehicle insurance claims, keep you vehicle locked up and parked in a secure place. To prevent damage from the forces of nature do not travel in bad weather and keep your car in a covered parkway. There are many ways to prevent yourself from incurring loss. Most ideas are just common sense. However, for more information contact your insurance agent for ideas on prevention. Next, you will want to remain calm. When disaster strikes people react. That is our nature. However, sometimes people’s reactions can make things worse on their insurance claims.
If you’re in a car accident this might mean taking the blame, leaving the scene of an accident, or putting your self in danger. If you’re car is stolen you may act on your reaction by accusing innocent persons. There are a number of problems that can arise when people over react that is why it is essential to your insurance claim for you to remain calm.
Now, the next thing you need to be aware of is time. You see, time is not on your side when filing an insurance claim. The longer you wait the less your chances are of recovering your loss. Most insurance companies will not even consider a claim if it was turned in a certain amount of time after the incident. It is also harder to prove the longer you go before submitting an insurance claim.
Finally, you will want to follow procedures and document everything. Insurance companies are hit with frauds all the time. In order to weed out the actual claims from the fraudulent ones, they have to have clear cut procedures. Unfortunately, this can sometimes be confusing to actual victims. Yet, they are in place out of the need to protect the company. This means that you will have to educate yourself to what the policies are. Find out what documentation you need and what forms you will have to file. If you need help, contact your insurance agent. That is what they are there for. If you follow this advice, you should be able to file a claim relatively easy and with the least amount of lag time before payment.
For more information please visit www.honostreview.com
When you are involved in an accident insurance claims may not be the first thoughts on your mind. However, there are some procedures you should follow in order to preserve your right to file an insurance claim. This may be anything from hail damage to a stolen vehicle and does not refer solely to car accidents.
The first thing you want to do is prevention. Most insurance claims can be prevented even before the incident occurs. For instance, to prevent auto accident’s be cautious and think about taking a defensive driving course. To prevent stolen vehicle insurance claims, keep you vehicle locked up and parked in a secure place. To prevent damage from the forces of nature do not travel in bad weather and keep your car in a covered parkway. There are many ways to prevent yourself from incurring loss. Most ideas are just common sense. However, for more information contact your insurance agent for ideas on prevention. Next, you will want to remain calm. When disaster strikes people react. That is our nature. However, sometimes people’s reactions can make things worse on their insurance claims.
If you’re in a car accident this might mean taking the blame, leaving the scene of an accident, or putting your self in danger. If you’re car is stolen you may act on your reaction by accusing innocent persons. There are a number of problems that can arise when people over react that is why it is essential to your insurance claim for you to remain calm.
Now, the next thing you need to be aware of is time. You see, time is not on your side when filing an insurance claim. The longer you wait the less your chances are of recovering your loss. Most insurance companies will not even consider a claim if it was turned in a certain amount of time after the incident. It is also harder to prove the longer you go before submitting an insurance claim.
Finally, you will want to follow procedures and document everything. Insurance companies are hit with frauds all the time. In order to weed out the actual claims from the fraudulent ones, they have to have clear cut procedures. Unfortunately, this can sometimes be confusing to actual victims. Yet, they are in place out of the need to protect the company. This means that you will have to educate yourself to what the policies are. Find out what documentation you need and what forms you will have to file. If you need help, contact your insurance agent. That is what they are there for. If you follow this advice, you should be able to file a claim relatively easy and with the least amount of lag time before payment.
For more information please visit www.honostreview.com
An Accident Compensation Claim Can Be Settled In 2 Months
by: Mumtaz Shah
Personal injury claims can be settled within 2 months, if you know how. If you make an effort with the accident solicitor, then you never know, you might also have a record breaking settlement.
Over the years, people have started wondering, if anything said by a salesperson is true. Settling an accident compensation claim within 'x' amount of days, weeks, months or years. But as time goes by, you have plenty of reasons to be frustrated!
It's not your fault, falling for their tricks. They're salespeople, that's what they do for a living. Some are honest, tricksters and some of the combination. But the ones that have deceived you, what can you possibly do to them now?
You're right, you can't do absolutely anything at all. Why? You're never going to see them ever again. The have either left the company or moved to another department. Pitches like “we'll finish your compensation claim with 4 months!” I mean, come on…
The Timescale
Each accident claim is unique. Do you think, the accident that happened on the news yesterday is the same as yours? I doubt it. If a case was settled yesterday for a 5 figure sum, what are your initial thoughts? THE FIVE FIGURE SUM! 'Oh, that was a good payout.'
Do you know how long that claim took, who the third party was, who the insurers were? I guess not! But the money factor always catches a person's interest.
A compensation claim should be made on the basis of 'your injury'. Not on the money factor. Treat it as something unfortunate happening to you and allow the accident compensation solicitors deal with it.
Don't treat it as a wager or an additional income and never, never, never put a timescale on it! The minute you put a timescale on it, if it's not achieved then you are only going to be more frustrated. You'll be chasing the solicitor, every week, only to hear that they are waiting for the other side insurers to respond.
There are various factors that can slow down the process for settlement of your personal injury claim.
The Accident
Between yourself and the solicitor, you need to gather all relevant information regarding the accident. The when, how and where, which does, itself take a lot of time, money and effort.
The Medical Medical
consultants also take time off from work, so this can also delay the process. Also when you visit a medical consultant, you could get a good grilling into every detail of your accident and injury. You may also not be satisfied with their report and probably would want them to re-assess it, which in effect takes more time.
The Other Side Insurers
They require a full medical examination of your injuries, including your medical history. Then on this basis they can conclude on a settlement figure.
So before you make a claim for compensation, bear in mind that the timescale varies from case to case. Now for one minute don't think that your claim will get settle in weeks, months or years, until you have spoken to an accident compensation solicitor. Once he/she gathers the information or evidence, then they'll be able to give you a more reasonable timescale. However, this is also approximate, as they don't control the other party insurers.
If they do mention it will take 3 months then you should look at a maximum of 4 months. It does happen, that claims can get settled in 2 months, if it's straight forward. All the relevant paperwork is in order and the other side has admitted liability. In order to reduce long legal battle, expenses, time and effort, they know they're in the wrong, so it's best to settle early. On the other hand, how would a solicitor make those estimates if you don't speak to them?
The Payout
Money is sometimes a motivating factor as it does help and contribute to some of your disrupted life activities. But don't rush the accident solicitor to settle the claim quicker.
There are other 'factors' that, if a claim lasts longer, the more you get paid. This could possibly be true to a certain extent.
So in conclusion, do claim for your personal injury or accident and be patient as there is no real law to settle a case quicker just because you, the injured, need the money urgently.
For more information please visit www.honostreview.com
Personal injury claims can be settled within 2 months, if you know how. If you make an effort with the accident solicitor, then you never know, you might also have a record breaking settlement.
Over the years, people have started wondering, if anything said by a salesperson is true. Settling an accident compensation claim within 'x' amount of days, weeks, months or years. But as time goes by, you have plenty of reasons to be frustrated!
It's not your fault, falling for their tricks. They're salespeople, that's what they do for a living. Some are honest, tricksters and some of the combination. But the ones that have deceived you, what can you possibly do to them now?
You're right, you can't do absolutely anything at all. Why? You're never going to see them ever again. The have either left the company or moved to another department. Pitches like “we'll finish your compensation claim with 4 months!” I mean, come on…
The Timescale
Each accident claim is unique. Do you think, the accident that happened on the news yesterday is the same as yours? I doubt it. If a case was settled yesterday for a 5 figure sum, what are your initial thoughts? THE FIVE FIGURE SUM! 'Oh, that was a good payout.'
Do you know how long that claim took, who the third party was, who the insurers were? I guess not! But the money factor always catches a person's interest.
A compensation claim should be made on the basis of 'your injury'. Not on the money factor. Treat it as something unfortunate happening to you and allow the accident compensation solicitors deal with it.
Don't treat it as a wager or an additional income and never, never, never put a timescale on it! The minute you put a timescale on it, if it's not achieved then you are only going to be more frustrated. You'll be chasing the solicitor, every week, only to hear that they are waiting for the other side insurers to respond.
There are various factors that can slow down the process for settlement of your personal injury claim.
The Accident
Between yourself and the solicitor, you need to gather all relevant information regarding the accident. The when, how and where, which does, itself take a lot of time, money and effort.
The Medical Medical
consultants also take time off from work, so this can also delay the process. Also when you visit a medical consultant, you could get a good grilling into every detail of your accident and injury. You may also not be satisfied with their report and probably would want them to re-assess it, which in effect takes more time.
The Other Side Insurers
They require a full medical examination of your injuries, including your medical history. Then on this basis they can conclude on a settlement figure.
So before you make a claim for compensation, bear in mind that the timescale varies from case to case. Now for one minute don't think that your claim will get settle in weeks, months or years, until you have spoken to an accident compensation solicitor. Once he/she gathers the information or evidence, then they'll be able to give you a more reasonable timescale. However, this is also approximate, as they don't control the other party insurers.
If they do mention it will take 3 months then you should look at a maximum of 4 months. It does happen, that claims can get settled in 2 months, if it's straight forward. All the relevant paperwork is in order and the other side has admitted liability. In order to reduce long legal battle, expenses, time and effort, they know they're in the wrong, so it's best to settle early. On the other hand, how would a solicitor make those estimates if you don't speak to them?
The Payout
Money is sometimes a motivating factor as it does help and contribute to some of your disrupted life activities. But don't rush the accident solicitor to settle the claim quicker.
There are other 'factors' that, if a claim lasts longer, the more you get paid. This could possibly be true to a certain extent.
So in conclusion, do claim for your personal injury or accident and be patient as there is no real law to settle a case quicker just because you, the injured, need the money urgently.
For more information please visit www.honostreview.com
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