Supermarket Insurance Can Be A Valuable Safety Net.

Supermarket insurance can be a lifesaver if the worst happens and you are unable to work due to involuntary unemployment, injury or prolonged illness. A policy will cover you for a sum of money and for a period of time, usually around 12 months, sometimes up to 24 months, which means that you would be able to continue to meet monthly repayments a supermarket, credit cards or other loans. However, it may not be an invaluable lifeline, if you bought the policy properly.

policies have exclusions in them and they are usually hidden in the fine print, so unless you specifically read the fine print, they may go unnoticed. This could mean that if you try to claim something that is excluded, you can simply not be paid and will be dispelled premiums and the financial concern of how to cope. Unfortunately, the majority of people who buy a policy alongside their supermarkets or their credit card and not bother to read the small print, believing they have purchased a policy that they right to claim.
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