Like almost every business, the insurance companies have been hit by the rough and tumble state of the economy. While everyone is struggling to make ends meet, the costs of auto insurance has been on the rise. This is not good news for those who have lost their jobs. Are you looking for ways to save on auto insurance? You should be aware that your state may have mandatory minimum insurance requirements. If you are looking for the bare minimum of...more
For any young person getting insurance is difficult and can prove very costly. It is your age that you haven't been driving for very long which pushes up your premiums. Yet by searching online you can actually find some great deals when it comes to cheap car insurance for young drivers.Unfortunately when it comes to getting insurance, a young person is considered to be a much higher risk compared to their parents. This is because the insurance...more
Planning a foreign holiday can be very exciting but there is always a chance of an unanticipated incident that may change a perfectly good vacation into a nightmare. Therefore, it's very important to have a Visitors medical insurance to deal with such nuisances. These insurances make travelers more adept at handling injuries or accidents abroad, particularly if you're an elderly individual.The visitor health insurance can be availed for a few months to a few days, as required. The coverage date could be predetermined or may begin from the very day you choose to leave the country. To claim the cover, you will be required to provide all the relevant papers, such as, hospital and pharmacy bills with correct signatures, doctor's reports, seals or stamps, and the like. Hence, the proof should always be kept safe and the claim should be made within the selected time period.Cost Of Visitors medical insuranceWhen considering a visitor health cover, you must understand that the cost may differ on the basis of specific factors such as age, type of coverage required, medical history, and the like. Also, cases where adventure sports or dangerous activities such as skiing, bungee jumping,...more
People love traveling to locations like the Poconos and even Paris when the holidays arrive. Will traveling to places like these necessitate applying for travel insurance? Travel insurance is a great way to secure money spent on travel plans and it is also a good way to ensure that any emergencies can be dealt with easily when traveling. A...more
Many people opt to travel during this time of the year, getting away from their work day routine for a few magical days or weeks in their destination of choice for that very much needed vacation. Other people use a nice vacation trip to award themselves. Whatever reasons you have for taking off, make sure that as you pack your swimsuit, toiletries,...more
After being highly committed and involved in the insurance industry locally for quite some time now, I would like to share some of my experiences of the most common mistakes people make when purchasing insurances. For those of you who are planning or in the process of getting yourself some coverage, go through my points and please do not repeat the mistake people have been making for ages.No. 1 : Having inadequate life insurance coverFirstly, one has to understand the definition and purpose of life insurance policies. Life insurance is never meant for you. It is for your loved ones to carry on with life, without having to downgrade their lifestyle, if you were no more tomorrow. Some people are too concerned about cash bonuses and rather opt for policies that have a lower sum assured that increase with age. Sad to say, if tragedy befalls you tomorrow, your sum assured would not be sufficient to ensure your family still have a roof above their heads.So, when buying a life policy make sure the immediate sum assured is sufficient. Don't be too concerned about cash bonuses options.No. 2 : Waiting for a good time to buy insurancesWhatever the reason, the minute you feel the...more
While Medicare Supplement plans have been standardized since 1992 and have seen few monumental changes since then, there will be quite a few changes seen in the coming year, 2010. The addition of two new plans, Plan M and Plan N, are...more
How can one find the best auto insurance for a classic car? Is it even possible to find cheap antique car insurance? Classics cars can be well worth the sometimes pricey cost of upkeep and storage - there is no need to have to pay more...more
Senior health insurance is mainly used by citizen of age 65 years and above, because they tend to have more health related problems and are thus a higher risk than younger people. So as a senior citizen you need to find the medical...more
You realize the importance of having health insurance in times of rising medical bills and expensive new forms of treatments and get yourself and your family covered in a health insurance policy - only to realize that the insured amount...more
Life insurance is vital to ensure your familys future after you are gone, especially if you are the primary breadwinner in the home. There are two main types of life insurance, whole life insurance and term life insurance. Whole life insurance is...more
When you are looking for health insurance in Australia the best way to do this is to do a health insurance compare between private health insurance companies. Unlike earlier, where you had to go personally to the offices of the...more