Life insurance is actually pretty good about paying out. Their racket is more about the aggressive way they sell you the wrong policy to begin with. They make their money at the time of purchase, rather than by denying pay outs.
In fact, most insurance, other than health insurance, is actually run fairly well. It’s almost like an insurance model isn’t the correct model to use for handling healthcare.
Life insurance is actually pretty good about paying out. Their racket is more about the aggressive way they sell you the wrong policy to begin with. They make their money at the time of purchase, rather than by denying pay outs.
In fact, most insurance, other than health insurance, is actually run fairly well. It’s almost like an insurance model isn’t the correct model to use for handling healthcare.