Why do we take what insurance companies dish out?

-I purchased and paid for an insurance policy from my credit card company for 5 years, so that if I lost my job they would make the payments. Now that I'm unemployed they are telling me I have to keep up the payments until they can determine if I'm eligible. Then the policy for only pay my credit card for 18 months. They did not say that when they were taking my money, sometimes we as consumers just lay down and take whatever the insurance companies dish out. I know of people with life insurance policies who have paid hundreds of thousands of dollars paying on policies. When they get sick and need the insurance the company refuses to pay. This is legalized injustice, just because they are not wearing a mask and holding a gun doesn't mean it is not highway robbery.1. When you get an insurance policy from a credit card company, you get a very long document (which you probably do not read) that says that they only pay under certain circumstances and only for a certain amount of time. They do not tell you again every time that they take out the money, but they do tell you at the start, and you can go back and read it whenever you want.



2. The reason that the insurance company refuses to pay a person who buys life insurance and gets sick and needs the money is that life insurance is a special type of insurance that you get if you want them to pay when you die and not when you are alive.



3. You are technically correct that just because they are not using a gun does not, alone, mean that it is not robbery. For example, if they were using a knife or a bomb, instead of a gun, it would still be robbery. However, the fact that they are not using or threatening physical force of violence of any kind does mean that it is not robbery. Robbery is a legal term for using physical violence, or physical force against a human being, or the threat of physical violence, to steal something. Stealing from someone through trickery, without using or threatening to use violence or physical force, may be "fraud", "theft by deception", "larceny", or various other crimes, but not "robbery".Most people read and understand what they're buying prior to buying it. And, once you bought it they would have sent you a policy to review that you could have returned within an allotted amount of time to get your money back.



Next time read the policy and you won't be surprised.
You are a typical ignorant consumer. The terms were given to you when you signed up, but obviously you didn't read them. It's not injustice, it's your irresponsibility.
Because congress is in the back pocket of insurance companies and any time someone stands up against them you get psycho groups like the tea party calling everyone Nazis for trying to fix the problems.
Dude it was a bank not an insurance company. Insurance companies don't sell those crappy policies. We all know that banks screw us over so don't be surprised.
Because we agreed to what they would dish out, up front, when we first bought the coverage.



The TRUTH of the matter is, the vast majority of people don't READ or UNDERSTAND what they bought, at the time they purchase it - they wait until claim time comes around, and THEN they discover all the conditions THAT THEY AGREED TO, up front.



You have no one to blame but yourself. The 18 month limitation, was in writing, UP FRONT. You just got lazy, and didn't bother to read it before you bought coverage. Seriously, how in the WORLD can you realistically expect someone ELSE to look out for your financial well being, when YOU can't be bothered to do it??





You're complaining because people who bought DEATH insurance, can't "collect" until they DIE? Seriously?? Do you go to a pet store, buy a puppy, and complain that it's not a lion, too??



Words MEAN things. I think you need a dictionary.