Forum Discussion
wa8yxm
Aug 16, 2016Explorer III
To answer the question in the subject line:
Insurance companies, in fact all legit companies, are in business for one reason. TO MAKE A PROFIT.. Not to save you money but to MAKE A PROFIT.
Now it may sound like I am complaining.. But in fact this is how it shoudl be.
I mean if they do not make a profit, they go bankrupt and fold, leaving you without protection so they MUST make a profit.
How much profit? Well... That's where the complaints come in, So I'll make no further comment other than to say.. They do not make a profit when they pay a claim.
Insurance companies, in fact all legit companies, are in business for one reason. TO MAKE A PROFIT.. Not to save you money but to MAKE A PROFIT.
Now it may sound like I am complaining.. But in fact this is how it shoudl be.
I mean if they do not make a profit, they go bankrupt and fold, leaving you without protection so they MUST make a profit.
How much profit? Well... That's where the complaints come in, So I'll make no further comment other than to say.. They do not make a profit when they pay a claim.
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