HYIP Insurance is an infant sector in the larger HYIP industry. They (claim to) offer the traditional insurance cover, albeit online.
Using www.sunpoll.com as case study, here is a review of how HYIP Insurance Works.
SunPoll HYIP Insurance agrees to, under certain conditions, insure a part or a whole of your HYIP Investments.
The problem however lies in the stringent nature of the conditions!
SunPoll HYIP Insurance offers to insure your HYIP investment if:
1. It is invested in HYIPs they nominate
2. You use them as referral
3. You invest as much as you are told, usually not more than 100 dollars
4. You pay a monthly fee of $10 to insure 10%, or $100 to insure 100% (of your $100 HYIP investment)
5. You accept that earning and compounding are not covered by the policy
6. You accept that without renewal (new payment) your insurance coverage expire after 30 days
Despite these unpalatable conditions, a worrying testament of a possible delay in payment is captured by this statement from their site in reference to a HYIP program that has gone bad:
This program has been closed. If you are one of our verified members and you have turned a loss in this plan, do not worry at all. Please keep in touch with us to give back your money.
In my opinion, SUNPOLL apparently is set up to further fleece HYIP investors of their well deserved rewards for their risks. Buyers beware!
Related Topics:
Learn winning strategies of HYIP
Fundamental behind the HYIPs
Learn how to invest in HYIPS
Learn how to spot a good HYIP
How do I cash out my HYIPs earning?
Related Topics:
Learn winning strategies of HYIP
Fundamental behind the HYIPs
Learn how to invest in HYIPS
Learn how to spot a good HYIP
How do I cash out my HYIPs earning?
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