Have you had an insurance claim turned down & happy to talk to the press TODAY?

pedro123456

The cira 3% of declined critical illness claims due to not meeting the definition is also a minority isn't it Pedro

That 3% you refer to Oshay accounts for 3/10 claimants, by my reckoning that's 30% in real terms, based on 10% claims, and that ain't good is it

OshayAway

pedro123456 wrote: »

The cira 3% of declined critical illness claims due to not meeting the definition is also a minority isn't it Pedro

That 3% you refer to Oshay accounts for 3/10 claimants, by my reckoning that's 30% in real terms, based on 10% claims, and that ain't good is it

Wow, that's fantastic, run that past the bloke from the times, you might even get a quote!

dunstonh

Those 'greedy customers' you refer too, are in the minority just like criminals in general are in the minority

Consumer research has found that 8 out of 10 people would happily defraud insurance companies.

Anyone that thinks consumers are angels and companies are the devil clearly isnt thinking straight.

That 3% you refer to Oshay accounts for 3/10 claimants, by my reckoning that's 30% in real terms, based on 10% claims, and that ain't good is it

erm? what?

,how come you had read my response anyway, I thought you had me on iggy,

Put me back on your ignore list please

I clicked on view post to see what you said. Just to see if you were more balanced nowadays. Sadly not.

OshayAway

dunstonh wrote: »

I clicked on view post to see what you said. Just to see if you were more balanced nowadays. Sadly not.

He's still his charming self but slightly more restrained these days? Can still argue black is white though. What is the weather like on planet pedro today?

lisyloo

I would honestly say that claimants are worst IMO.
There are criminal gangs set up with the express intention of defrauding insurance companies.
Insurance companies are not perfect but they are all regulated etc. and have to operate under UK company law.

I don't have any facts at all to back that up, I'm just pointing out that one party has to operate as a business with all the relevant laws and regulations and the other party does not.

pedro123456

Consumer research has found that 8 out of 10 people would happily defraud insurance companies.

Anyone that thinks consumers are angels and companies are the devil clearly isnt thinking straight.

Come on then lets have the link to your so called customer research.


A claims rate of 10% indicates, that 10 out of 100 ppl claim..ok.

And of theses 10 ppl, as Oshay states 3% are declined for not meeting the IC definition (no real surprises there, they are avoid payment definitions).

So 3 out of 10 are declined, so that's 30%.

I clicked on view post to see what you said. Just to see if you were more balanced nowadays. Sadly not :rotfl::rotfl::rotfl:

OshayAway

PPI has nothing to do with critical illness cover so the 10% is totally irrelevant. you might as well compare the payout stats on llama insurance!
In any case, still wouldn't change the statistic as it is the percentage of claims not policies.

OshayAway

...or look at it another way... circa 93% are paid out, if we use your definition that means that 93% of policyholders have had a claim paid.

dunstonh

Guardian from last year: http://www.guardian.co.uk/money/blog/2009/jan/30/insurance-scams

Mori survey: http://www.aviva.co.uk/media-centre/story/3848/growing-dishonesty-culture-fuelling-rise-in-insura/

Another from the guardian: http://www.guardian.co.uk/money/2009/jul/16/insurance-claims-fraud

Loads of others if you care to look.

Nicko67

Looks like I've been missing all the fun - sorry I'm late

Pedro: this could be your opportunity to speak to your heroine Antonia Senior! If so, please could you refer her to us for a little journalistic balance. After that last article of hers that you posted, I'd say she's definitely in need of some.