Many people often think that getting life insurance is sufficient enough to cover you for various illnesses, and this is almost true in many cases. But there are several illnesses where you can live for years but might be unable to work. Here you need to get hospitalized for several months and it requires a huge sum of money for medical and hospital bills. Life Insurance is not sufficient for such types of illnesses. Here comes the importance of...more
There are many terms associated with Payment Protection Insurance, such as Loan Protection Insurance and PPI among others. To put it simply, PPI is a form of insurance that will cover the policy holder in the event that they are unable to work due to health reasons and are in debt. It is important to not that PPI policies all differ greatly, and many offer other benefits that some cannot. Many credit card providers often offer PPI as part of the...more
Most of us must be having a Life Insurance plan but not all of us go in for a health plan popularly known as a Mediclaim policy. However, those who have ever been hospitalized and have had to settle a huge medical bill from their own pocket, at any point in their lives, would understand the need of a health plan. With the new-age, cutting-edge medical science, there is a cure for most diseases. Only hindrance being the cost of treatment! The average life expectancy has increased and along with that the cost of medical treatment and facilities have also become pretty steep. So, although most of us would undermine the importance of a health plan and find it an utter waste, let me inform you its just as important as your life insurance plan.Understanding the types of PoliciesBasically, there are two types of policies that are available in the market 1. Individual plans 2. Floater plansIndividual plans can cover the individuals medical expenses for up to 10 lakhs but if you have a family to take care of then its makes more sense to take up a floater plan where the mediclaim is extended to the whole family. So, now you can insure your baby who is barely a couple of months old to your...more
Lastly, Medicare supplement insurance companies can restrict their beneficiaries to a network of providers, and refute coverage if the beneficiary seeks health care outside that network. But, CMS obliges Medicare supplement insurance companies to cover any emergency or urgent services even at out-of-network facilities.Regulations for Medicare...more
There are many different types of insurance that you can get to cover you in case you lose your employment as well as for your home, car or even motorcycle insurance. You should make sure that you are fully protected when it comes to your lifestyle as well as any property that you own, including your own business. If you own a motorcycle, for...more
Perhaps you have heard it in many TV programs, radio programming, read it in forum sites, magazines and other sources that there are a lot of individuals complaining about the different frauds that they have been hounded with. The sad the fact is that there are a lot of these individuals who believed that they are in for some protection. It is just a shock though for these "insurances" being sold ended up being a very huge fraud. The issue of Payment Protection Insurance (PPI) is one thing which has stirred lots of people in the UK. Exactly how are you able to protect yourself when those who are selling these things to you are loaded with so many convincing words and they're not only here to sound pitchy, they are in to convince you and before very long, you have mis sold insurance already.Sure that's a very poor thing to go through thinking about you've a lot of things that you may have spent the finances for. But before you even become a target, before you turn out to be among the statistics, try and detect all the strategies being used by these people and have things answered the very best that you could.Identifying if you have been mis sold the insurance or not is extremely...more
These are some of the most significant features in discovering you have been mis sold mortgages but there is other points to consider also, if you imagine any of the above have held to you or are unsure if you have been a victim of mortgage mis...more
Health Insurance claim form 1500 or the CMS-1500 form is a claim form which is used by a non-institutional proviHealth Insurance claim form 1500 or the CMS-1500 form is a claim form which is used by a non-institutional provider when billing durable...more
All in all, pondering on selecting the best among Medicare supplement insurance companies is a very taxing matter. However, if you have chosen the right company, the benefits to be received are rewarding.About Medicare Supplement Insurance Companies ...more
Many individuals would have faced a situation where they would have missed their cell phone and would be left high and dry just because the cell phone warranty does not address some of the aspects. People who want to make sure that they do not face a...more
Insurance of all kinds is a form of hedging against a loss that may happen at a future date. The risk is transferred to another party by the payment of a premium of one kind or another. That payment more often than not involves funds that are...more
The high usage of emergency rooms has greatly contributed to escalating medical costs. Many uninsured frequent emergency rooms because instead of going to a doctor, who is going to either require payment at the time of services or proof of insurance,...more