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**viagraman** · 08-01-2012, 04:47 PM

no it just means that once they have paid out they can cancel the insurance policy because they have upheld their side of the contract.

insurance is a mugs game... you need it as a general rule... but they know that your not likely to have an accident but they have to take the risk.

that said they make money hand over fist regardless of you having an accident or not.

I have only claimed on mobile phone insurance (possibly others if think about it) and never been told to go elsewhere after. I know loads of people who have made home insurance claims and are still with their providers.

08-01-2012, 04:47 PM	#24
viagraman Join Date Oct 2005 Posts 487 Senior Member	no it just means that once they have paid out they can cancel the insurance policy because they have upheld their side of the contract. insurance is a mugs game... you need it as a general rule... but they know that your not likely to have an accident but they have to take the risk. that said they make money hand over fist regardless of you having an accident or not. I have only claimed on mobile phone insurance (possibly others if think about it) and never been told to go elsewhere after. I know loads of people who have made home insurance claims and are still with their providers.
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