Take Out Insurance from OUTsurance and Get an OUTbonus - 18 Aug 2009 11:48
Many short-term insurers have worked out a no-claim money-back bonus to take the grudge out of the grudge purchase of short-term insurance. The infamous OUTbonus by OUTsurance was a world first in insurance and shows that it pays to take out insurance by giving you something back for putting so much in.
The premise on which the OUTbonus is based is customer-loyalty to OUTsurance. Ongoing support should allow clients to get value for their money, even if they don’t claim from the services provided. If you manage your insurance responsibly and don’t submit needless claims, Out Surance promises to give you money back.
By taking out insurance with them, and you do not claim in 3 years, you will get 10 percent of all the premiums you’ve paid over that 3-year period. If you don’t claim for a further 2 years after that (that is after the fifth year without claiming), you earn yearly Out bonuses. The process helps all parties involved. While OUTsurance reduces their costs by cutting down claims, clients reduce their financial risk to the insurer and get rewarded for their loyalty and responsibility. Up until April 2009, OUTsurance gave away R600 million in OUTbonuses, showing loyalty to their clients.
Many short-term insurers have worked out a no-claim money-back bonus to take the grudge out of the grudge purchase of short-term insurance. The infamous OUTbonus by OUTsurance was a world first in insurance and shows that it pays to take out insurance by giving you something back for putting so much in.
The premise on which the OUTbonus is based is customer-loyalty to OUTsurance. Ongoing support should allow clients to get value for their money, even if they don’t claim from the services provided. If you manage your insurance responsibly and don’t submit needless claims, Out Surance promises to give you money back.
By taking out insurance with them, and you do not claim in 3 years, you will get 10 percent of all the premiums you’ve paid over that 3-year period. If you don’t claim for a further 2 years after that (that is after the fifth year without claiming), you earn yearly Out bonuses. The process helps all parties involved. While OUTsurance reduces their costs by cutting down claims, clients reduce their financial risk to the insurer and get rewarded for their loyalty and responsibility. Up until April 2009, OUTsurance gave away R600 million in OUTbonuses, showing loyalty to their clients.