My friend is the CEO of an old and well-known factory. Finally, after many years, he decided to check his fire and liability insurance. Fire insurance had a compensation limit of 70% and a deductible of 20%. That is, if his entire capital was lost, he would have about 56% coverage. Liability insurance is full of restrictive and troublesome conditions.
He said that we trust them (Iran and Asia Insurance). While the answer to his trust was given in the text of the insurance policy, what about the time of the damage?
The name of the company is not important. The issue is which company provides adequate coverage and commitments.
Mr. Kalami (pictured above) became the head of Razi Insurance branch in Mashhad. Two weeks ago, together with my dear friend and colleague, we had a meeting with him to get special conditions for fire insurance from one of the policyholders, and it was done. After obtaining permission from the headquarters, after two weeks of follow-up, he made a firm commitment of up to 140 billion tomans for several different exhibitions in different cities and removed three of the limiting conditions. This flexibility is not found in many companies.
We do not have good or bad insurance companies. We have to find the right company with the conditions.
06/20/1401
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This post is written by amirsalimiQ