In the world of insurance, the relationship between insurers and policyholders is fundamentally based on trust. Policyholders pay premiums with the expectation that their insurer will provide prompt and fair claim handling when disaster strikes. However, when insurance companies engage in improper claims handling, it can set off a chain reaction that ultimately impacts insurance premiums for everyone. Our blog will explore the various ways in which improper claims handling practices affect the cost of insurance, highlighting the importance of accountability and fair practices in the industry. Link in bio. #VLF #InsuranceClaims #Denied #Delayed #Underpaid
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1moCongratulations on your board position Janet S. Wong