What are the disadvantages of insurance?
What are the disadvantages of insurance?
Disadvantages of Insurance 1 Term and Conditions. Insurance does not cover every type of loss that can happen to an individual or a business. … 2 Long Legal formalities. … 3 Fraud Agency. … 4 Not for all People. … 5 Potential crime incidents. … 6 Temporary and Termination. … 7 Can be Expensive. … 8 Rise in Subsequent Premium. More items… • Nov 7, 2021
