Why earthquake insurance should be mandatory
MANILA, Philippines The Philippine Insurers and Reinsurers Association , the umbrella group of all non-life insurance firms, reiterated the need for a mandatory earthquake insurance following the magnitude 7.2 earthquake in Bohol that resulted to casualties and damages to infrastructure.
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Quezon City, Philippines
#1 Oct 17, 2013
Good idea if the InsuraNCE COMPANIES can offer a reasonable premium which I do not think they will. They always charge too much to start with. Only the rich can buy it. You cannot make it mandatory,..stupid ! Greed is sounding off again !
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