> I always wonder when I buy insurance, if I need it will they actually pay out.
I think that's every insurance purchasers worry. The insurance companies have people who work for them to look for ways to deny your claim. But if the claim is straightforward, obvious and well documented, they will pay out unless you are dealing with unscrupulous insurers.
"But if the claim is straightforward, obvious and well documented, they will pay out unless you are dealing with unscrupulous insurers."
I think this a fallacy (unless most insurers are unscrupulous). It is very common for insurance companies to reject the claim initially and hope you'll go away.
I think that's every insurance purchasers worry. The insurance companies have people who work for them to look for ways to deny your claim. But if the claim is straightforward, obvious and well documented, they will pay out unless you are dealing with unscrupulous insurers.