Saturday, April 30, 2011

What A " Victimising " Mindset!

This morning when I was renewing my medical insurance policy, my agent told me that the premium has been increased. I have to pay more for the same amount of sum assured. When I asked her the reason for the increase in premium, she told me that the reason is because many policy holders misuse their insurance claims and thus the insurance company is suffering huge losses. In order for them to recover from the huge losses, the insurance company has to increase our premium. What an interesting reason the insurance company is giving to their valuable customers. The insurance company is transferring their "liabilities" to their "Valuable & Healthy" customers! Hahaha...... .

Looking for "scapegoat" seems to be one of the distinct human behaviors! I understand that some of my beloved readers may disagree with my above view. Well, I do not rule out that there are some exceptional cases! However, how many "exceptional" people can we really meet in this beautiful world? I do not have an answer!

Can anyone share your views please?


  1. You should find better insurance company which will not increase the monthly payment unless you are extremely ill. A big and reputable company will not increase your monthly payments just to cover its loses. It is time for you to move on to different company and look for it.

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  2. Thank you so much for your sharing. Appreciate your suggestions. Will do so accordingly.

  3. Indeed insurance, medical and oil are all scams.
    They make millions in profits each year, yet they complain of a loss. What's wrong with that picture?
    Switch companies. If enough people stop these people from pushing all of us around like that; they would be better and cheaper for all. :)

  4. Thank you so much for your sharing. I do agree with your view. My purpose of writing this post is to share with all my beloved readers that some people just like to transfer their " liabilities " to others. When they are having good time, they just enjoy themselves, however, when they are having problem, they will just find someone, a scapegoat, to carry their problem. Hahaha..... .

  5. imo,i would say the reason of increase in premium is due to higher medical cost nowadays. due to inflation, medicine is much more expensive and the medical service cost is also increase.