Top Insurance websites The advent of the internet has made is easy to shop, compare and obtain life insurance quotes online. With just a few clicks of your computer mouse, you can access several hundreds of life insurance websites and research for the best insurance quote that suits your needs. It is very important that you educate yourself with the key aspects of life insurance companies and the policies they offer, before you get...more
Why Many Seniors Are Choosing Term Life Insurance Once a little discussed topic, life insurance for seniors has recently seen some dramatic changes. Many retirees have decided to reevaluate their coverage, and some have chosen to purchase completely new plans. The types of plans have not changed much over the years (though certain policy types like decreasing term have become much less popular), but the needs and circumstances of...more
Health Insurance Claims to get time-bound After showing a lot of leniency, public sector insurance companies have finally decided that they will deny claims to policy holders if they fail to submit the relevant documents post discharge within the stipulated time period. This will help check fraud in the reimbursements process. Many private insurance companies have flatly refused processing of claims if the relevant documents have not been submitted beyond the specific number of days. By doing so they have been able to control their adverse claim ratios. Public sector insurance companies are now saying that health insurance claims have to be submitted within seven days from the discharge date. In certain cases, the insurance company will entertain claims upto 15 days from discharge date. However if the claim is beyond 15 days from the discharge from the hospital, then this has be approved by someone at the regional manager level. Toriental Insurance company also asks its TPAs to get the papers from the policyholder within 7 days as specified in the policy and in exceptional cases, these papers can be submitted within 30 days. New India Assurance Company has also...more
Insurance Premiums: Stay fit and pay less If you are not in the best of your health, then you certainly have to miss out on the discounts that insurance companies give out on insurance premiums. Insurance companies reward the healthy with lower insurance premiums and loyalty benefit programmes. This may not yet be true for health...more
How to save on Insurance premium With inflation at an all time high of 9%, everyone is thinking of how to reduce their bills. If one can save on the insurance premiums, it will definitely not hurt. The total cost of your health, life and auto insurance policies puts you back by a few thousands every year. If you have bought a...more
Family Floater Health Insurance : Is it the best choice always? If you have no one who is financially dependent on you in your family, you can simply go without a life insurance policy but a health insurance cover is something that cannot be ignored. The reason for it is that the soaring costs of healthcare and the unforeseen event of hospitalization can hit your financial health very hard. So it is prudent to go for a good health cover without thinking of a good time to come. If you are thinking of a health plan for the entire family, the following things have to be kept in mind: The primary advantage that a family floater provides is that all the members can be insured through a common, mini group health policy rather than individual policy. The premium paid is less than what it could cost if each of the members were to buy a policy, and also administratively it is simpler to maintain than managing 4 or 5 policies, as the case may be. However, a big disadvantage of this health policy is if one member needs to draw down the entire sum in one policy year- in that case, the other members are effectively going without a health insurance cover. Here's an example of a...more
What Happens To Your Life Insurance Policy In A Divorce? It is almost inevitable that divorce will focus on monetary assets. Everything from a home to earnings can become subject to scrutiny. Yet surprisingly few people realize that a...more
What You Need To Know About Taking A Loan Against Your Permanent Life Insurance Policy Every type of coverage has its own unique set of advantages and disadvantages. One of the main benefits of universal life insurance is the ability...more
Top travel insurance tips If you're planning a holiday, remember there's much more to the process than simply booking flights and accommodation. For example, you'll have to find your passport and check that it's in date, as well as...more
How to Get Cost-effective Senior Medicare Supplemental Well being Insurance coverage Senior citizens these days and nights are introduced with a vast assortment of options when it comes to supplemental insurance plan. Most seniors,...more
Life Insurance Is a Life Saver Insurance services are the fastest growing business in the global market. People rely greatly in these companies mainly because they need caring and concerned people who will provide them with the...more
Online Insurance Courses: Career Options Online Insurance Courses: Career Options Online insurance courses are designed to provide the average American an opportunity to enhance his career in the direction of insurance marketing...more