Liveline thread 28/09/16 to date

ThisRegard

Itssoeasy wrote: »

Is Joe trying to do a hatchet job on combine insurance.

They're a big American company, they won't take his guff.

foggy_lad wrote: »

THat's for the fearmers

Farmers are another big American insurer, originally set up for farmers by farmers, hence the obvious name.

Fujitsu10

Roger_007 wrote: »

What are they on about? Critical illness policy is like car or house insurance. Do these people think that it's a savings scheme?

Only pays your savings if you kick the bucket!

BPKS

Roger_007 wrote: »

What are they on about? Critical illness policy is like car or house insurance. Do these people think that it's a savings scheme?

Well unfortunately some of the Combined salesmen might have allowed the notion that is was an investment scheme to go unchallenged.

They were always considered a real shower of chancers.

Itssoeasy

Roger_007 wrote: »

What are they on about? Critical illness policy is like car or house insurance. Do these people think that it's a savings scheme?

That's the impression I got but as I've never had to deal with a policy of that type so wasn't sure.

Atlantic Dawn

The premiums are probably tiny in the single digits per month.

Roger_007

Roger_007 wrote: »

What are they on about? Critical illness policy is like car or house insurance. Do these people think that it's a savings scheme?

Well it's a bit of a hybrid. Multiple years of contribution are reflected in higher payouts.

They're stupid schemes, though. More sensible to invest the same amount in some bog-standard managed fund.

Atlantic Dawn

2011 is now way back.

HeidiHeidi

Fujitsu10 wrote: »

Only pays your savings if you kick the bucket!

But would it though?

Does death count as a critical illness for the purposes of insuredance?

I'd have thought you'd have to have life assuredance for that?

Surely by definition you'd have to be alive to be suffering from a critical illness?

Dan Jaman

It's EXACTLY the same as some car insurance companies not covering cars over 20 years old.

ThisRegard

No surprises listening to the central bank ruling there.

BPKS

HeidiHeidi wrote: »

But would it though?

Does death count as a critical illness for the purposes of insuredance?

I'd have thought you'd have to have life assuredance for that?

Surely by definition you'd have to be alive to be suffering from a critical illness?

A critical illness policy pays out X amount in the event of the policy holder suffering from one of a range of illnesses named in the policy.

Life insurance totally different.

PauloMN

"Who sold you that policy... I don't want the name"

Classic Duffy.

Atlantic Dawn

Sí Sí Amigo so to speak..

http://www.ibamag.com/us/news/breaking-news/combined-insurance-celebrates-hispanic-heritage-month-38119.aspx

Combined Insurance is celebrating Hispanic Heritage Month with the expansion of its market presence in some of the areas with the largest Spanish-speaking populations in the nation. Last year, the company announced the New Latino Zone that includes Puerto Rico, Florida, Illinois, Texas, California, and Arizona.

HeidiHeidi

BPKS wrote: »

A critical illness policy pays out X amount in the event of the policy holder suffering from one of a range of illnesses named in the policy.

Life insurance totally different.

I KNOW DAT, I KNOW DAT :mad:

♫On the second day of Christmas, the inshurdance called to me♫

Mena Mitty

Great minds think alike, and fools seldom differ. Joe just said what I was gonna say, why don't they have 3 or 4 people who had critical cover and had drawn down a benefit from it. ( I don't wanna hear Insurance Company employees masquerading as policyholders)

Is Critical cover the same policy as a Personal accident policy.

BPKS

I admire that girl who mis-sold me the policy.

She must have been a looker.

Atlantic Dawn

Did they read the terms and conditions so to speak?

Dan Jaman

BPKS wrote: »

I admire that girl who mis-sold me the policy.

She must have been a looker.

Or a hooker. Maybe she was quite good at the rugby.

Itssoeasy

17 years is a long time now ? Joe make up your mind what's a long time or not.

2smiggy

I though there was someone from Combined making the mistake of coming on !!

PauloMN

I'd like a refund on my car insurance, Joe.

Dan Jaman

WHY DE FOOK WOULD THEY REFUND THE MONEY?

ThisRegard

Why does he want compensation? If the fines were to be used for anything let it be used to maintain cover for the rest of the current policy term.

0127647

what planet do these people live on?

They paid for their cover....they got it. The company is allowed to close schemes if the law and agreements signed allow

somesoldiers

PauloMN wrote: »

I'd like a refund on my car insurance, Joe.

if nothing happened you in the time of the premium you should be entitled to it all back, even if you missed a couple of payments

Lee usin' Lusk.

Must be a new cologne.

Itssoeasy

Dan Jaman wrote: »

BPKS wrote: »

I admire that girl who mis-sold me the policy.

She must have been a looker.

Or a hooker. Maybe she was quite good at the rugby.

Good with a ball is it ?

Dan Jaman

I seriously wonder if Joe can actually walk and chew gum simultaneously.

somesoldiers

a cussin of mine goes pot holing, a cousin of hers loves Joe Dolan