Even the best functioning families in the world have been tossed into disarray when determining which family member will get what after the death of a someone in the family. This scenario can occur as a result of an insurance contract being owned directly by the deceased family member. In this circumstance a claim payment will often form part of the estate and may be controlled by the will, which may be contested, or alternatively where the...more
Half a million people can't be wrong, right? In fact, the Scout Association has more than 500,000 members, making it the UK's biggest mixed youth movement. Moreover, the UK membership is a microcosm of what's happening worldwide. Internationally, over 28 million youngsters across 216 countries enjoy the benefits of scouting. All of them have one thing in common: scout trips often rely on minibuses and good minibus insurance is required.What is...more
In the earlier days, if you wanted to insure your familys health then you would have to buy individual Medical insurance policies for each and every member of your family. However, with the medical insurance sector becoming more and more sophisticated, you do not have to face such problems anymore. In todays times, you can avail the benefits of an insurance policy that will take your whole family under its protection. This policy is known as the Family Health Insurance policy which acts as an umbrella for the whole familys health.For example, if you have four members in your family then you can have two scenarios. One would be where you individually insure each member for a policy. In the second scenario you insure the entire familys health for a sum that is equal to the amount of an individual insurance policy. This is possible by availing a Family Health Insurance policy. Now in case one, if a particular member of the family falls sick or gets injured and the costs of appropriate medical treatment is more than the insured individual amount, then the family has to pay for the extra amount. However, in the same situation with scenario two, the family would not have to pay anything...more
Insurance has become a very important part of an Indians life. The reason for this, as is obvious, is the gradual growth of the Indian economy and improvement in the standard of living. In addition to this, insurance companies themselves have been trying to make everything as convenient as is possible for the potential buyer i.e. you. If you have...more
When most people learn that their family's health insurance coverage is going to cost more, they shop for a more affordable policy. Often the solution is a combination of an insurance plan and a tax-sheltered Health Savings Account.More than 1 million Americans have made a similar choice, signing up for high-deductible health insurance policies and...more
Just like parents worry about the health and well being of their children, so do children worry about their parents when they grow up. It is only natural for a son to worry about his parents physical condition because age is the biggest leveller of things. Looking at the worry and concern of the children, it is only understandable that they try to protect their parents as much as possible by way of Health insurance policies. Sometimes parents are included as a part of policies that are bought for the whole family, thus extending coverage to them as well.Buying such policies used to be a lot more difficult and time consuming in earlier times. However, since then, the process has become simpler. One major difference between then and now is that Health insurance includes advantages for adults above the age of 55 years. Some policies offer free health checkup coupons that can be availed in the policy period of say one year. In fact, apart from offering such benefits like free health checkup, the whole Medical insurance industry has gone through a lot of changes. The following are some of those changes.1.Unique: The Health insurance policies of today are very much specific in nature....more
Though there has been astounding progress in the medical field, no one can predict with certainty about their state of health at a future date. Our complex lifestyle, increase in environmental pollution and new strains of diseases are slowly and...more
We all make use of our Medical insurance at one time or the other in our life. Sometimes there are cases where your reimbursement of a Health insurance claim is not honoured correctly. Sometimes there are also cases where due to a miscommunication,...more
Medical insurance is one of the most essential things in life these days. Ever increasing cost of healthcare can make it extremely difficult to cope up with the medical expenses. Health Insurance companies in India however, can make a difference to...more
Caring for yourself is not only a wise decision but a necessity nowadays. Health insurance in India is on the rise with more and more people realising its importance. Just as you insure your car or your home, health insurance for individuals is...more
As the owner of a Suzuki motorbike you may be inclined to take out an insurance policy and to be perfectly honest this is one of the best ideas you can have when it comes to being on the open road. The question remaining however is what you should...more
In the UK, employers are legally obliged to hold indemnity insurance in order to protect their employees and any member of the public that may be injured on their premises or due to their carelessness or negligence.This, much like car insurance, is...more