How can I optimize my insurance policy to receive better benefits?
November 13, 2022 | 35,00 EUR | answered by Yvonne Schmidt
Dear insurance lawyer,
My name is Clara Schmidt and I have a question regarding my insurance policy. Lately, I have been feeling that my current insurance no longer meets my needs and that I am not receiving the benefits I would expect. I am unsure if I may have misunderstood something or if there are indeed ways to optimize my insurance policy to receive better benefits.
Currently, I have health insurance, liability insurance, and household insurance. Recently, I have noticed that my health insurance no longer fully covers certain medications or treatments as it did in the past. I also encountered difficulties with my liability insurance when I had to report a claim – the process was very slow and I received less reimbursement than expected. With the household insurance, I also had the impression that certain damages were not fully covered.
I am concerned that in the event of a claim, I may not be adequately protected and may have to accept financial losses. Therefore, I would like to know what options are available to optimize my insurance policy to receive better benefits. Are there specific clauses in my contracts that I should review? Is there perhaps also the possibility to switch to another insurance company that better suits my needs?
I would greatly appreciate it if you could provide me with some tips on how to optimize my insurance policy to be better protected.
Thank you in advance for your help.
Sincerely,
Clara Schmidt
Dear Mrs. Schmidt,
Thank you for your inquiry regarding your insurance policy. It is understandable that you are concerned if you feel that your current insurances no longer meet your needs and you are not receiving the benefits you expect. In such a case, it is important to review whether your insurance policy is actually tailored to your needs and if there are ways to optimize it.
First and foremost, it is important to carefully review your existing insurance contracts. Examine the clauses and conditions of your health insurance, liability insurance, and household insurance. Check which benefits are covered exactly and if there are options to expand the coverage. Especially with health insurance, it is important to check which medications and treatments are reimbursed and if there may be other tariffs that better suit your needs.
If you find that your current insurances are no longer sufficient, you may also consider switching to another insurance company. Compare the offers of different insurance companies and see if there are tariffs that better suit your needs and provide the desired benefits. However, keep in mind that changing insurance may also come with certain deadlines and conditions.
It would also be advisable to consult an independent insurance expert or an insurance law attorney to receive comprehensive advice and have your insurance policy professionally reviewed. An expert can help you optimize your insurances and ensure that you are adequately covered in case of a loss.
I hope these tips help you and that you can successfully optimize your insurance policy to be better protected. If you have any further questions, I am happy to assist.
Best regards,
Yvonne Schmidt, Insurance Law Attorney
