Many many moons ago, when I was fist contemplating "the individual pursuit of foreign policy" in the overseas arena, I was advised, even then, to make sure that any life insurance policy I purchased covered "acts of war" and didn't exclude them, since I was contemplating going into that very arena.
It just didn't make any sense to give away free money for nothing - pay premiums for insurance that failed to cover exactly what you needed to have covered.
I was surprised to find out how many companies had that exclusion in their policies, as if they expected their insured members to go traipsing off to war zones en masse. At one point, I concluded that the US Army's individual coverage was about the only place one could still be covered for "acts of war"
Some of the more entertaining insurance companies also excluded "acts of "God" or random events. I wondered what those companies even DID cover. It was at about that time that I concluded the entire insurance industry was a scam, a racket.
Bottom line: read your insurance policies closely to make sure they cover what YOU expect to need coverage from. If they don't, then you are just giving the companies money for nothing, free money.
Related to that thought, read any "changes" to your policies carefully. If a company unilaterally changes your policy to reduce what is covered AFTER you've bought into it, drop that company like a hot rock. No matter what pretty words they use, they're not in it to PROTECT you, they''re in it to ROB you.
You're better off knowing that you're not covered than living under the illusion that you are, giving money away for free, and courting disaster thinking you're good. It's a real let down when that disaster comes and only then do you find out that you were being scammed the entire time.
Might as well just use the premium money to make donations to UNICEF for all the good that insurance is going to do YOU.
.
It just didn't make any sense to give away free money for nothing - pay premiums for insurance that failed to cover exactly what you needed to have covered.
I was surprised to find out how many companies had that exclusion in their policies, as if they expected their insured members to go traipsing off to war zones en masse. At one point, I concluded that the US Army's individual coverage was about the only place one could still be covered for "acts of war"
Some of the more entertaining insurance companies also excluded "acts of "God" or random events. I wondered what those companies even DID cover. It was at about that time that I concluded the entire insurance industry was a scam, a racket.
Bottom line: read your insurance policies closely to make sure they cover what YOU expect to need coverage from. If they don't, then you are just giving the companies money for nothing, free money.
Related to that thought, read any "changes" to your policies carefully. If a company unilaterally changes your policy to reduce what is covered AFTER you've bought into it, drop that company like a hot rock. No matter what pretty words they use, they're not in it to PROTECT you, they''re in it to ROB you.
You're better off knowing that you're not covered than living under the illusion that you are, giving money away for free, and courting disaster thinking you're good. It's a real let down when that disaster comes and only then do you find out that you were being scammed the entire time.
Might as well just use the premium money to make donations to UNICEF for all the good that insurance is going to do YOU.
.