Top 5 Insurance Myths You Should Stop Believing

Many people in Uzbekistan still view insurance with skepticism. Let’s debunk some of the most common myths and uncover the truth about insurance.

Myth 1: Insurance is a waste of money

In reality, insurance is a financial safety net and a reliable protection tool. In cases of illness, accidents, or other unexpected events, a policy helps safeguard your finances and speeds up recovery. With over 25 years of experience, EUROASIA Insurance proves its reliability with a high solvency rating of “uzA++” and a “Stable” outlook as of 2023.

Myth 2: Insurance companies never pay out

In many cases, denied claims are due to contract violations or incorrectly submitted documents. Trustworthy companies like EUROASIA Insurance make timely payouts when all policy conditions are met.

Myth 3: Insurance doesn’t work in Uzbekistan

The insurance market in Uzbekistan is rapidly growing. Founded in 1998, EUROASIA Insurance offers 17 classes of insurance and serves over a million clients across the country.

Myth 4: Insurance is only for cars

Modern insurance companies offer a wide range of services — from auto insurance to health, property, and travel coverage. EUROASIA Insurance provides all of these insurance types, ensuring comprehensive protection.

Myth 5: Insurance is too complicated

Getting an insurance policy online has never been easier — just a few clicks. On the EUROASIA Insurance website, you can select a product, fill out a short form, and receive your policy instantly.

Learn more about EUROASIA Insurance products and get your online policy at eai.uz.