In case you don't know, health insurance is a type of assurance that is given based on agreed terms in case the insured person falls sick or needs medical treatment. The insured life may have a chronic condition requiring medical care for years to come. Let's know more about it.Who will pay for the medical expenses?This is one of...
When reviewing health plans and evaluating cost, keep in mind health insurance wasn't designed to cover every penny related to health care.Everything under the sun on an open credit card is nice, but not when you are paying the bill. But you are.The purpose of insurance is to cover sudden very expensive losses. It's about making you whole again...
There is still time for Congress to pick up the pieces of changing the healthcare system to help stabilize it. The fate of the Affordable Care Act is yet to be determined. In the meantime, people wait while paying extremely high premiums and have mountains of out-of-pocket bills on the kitchen table. Where is the affordability of the Affordable...
I have been reading reviews and testimonials from people who have various insurance plans. Some are tragedies while others are triumphs. Some are irrational and others are lucid. Some cast blame while others render excited cheers. The key to all of this is that there is no middle ground. The reviews or testimonials show either utter contempt for the...
If you are one of the many self-employed or work for an employer that does not offer any insurance benefits, you will have to shop for health and dental policy on your own or with the help of an insurance agent. For some this may seem overwhelming but it really only takes some research to gain better understanding on...
If you believe you are paying too much for health insurance or if you are currently uninsured, it might be time to shop around. Most major health insurance plans cost a lot. Then, you end up paying for benefits you do not use, and high deductibles and co-pays make it difficult for your plan to pay you any benefits...
We have all heard the stories of the emergency room claim that cost $10,000 for a broken thumb, or the person who had to file bankruptcy from the huge bill while using a network outside of their HMO. These stories have been the fuel for arguments on what should be done with our Nation's healthcare system. The truth is...
Among the various life insurance products, ULIP or Unit Linked Insurance Plan is a unique product that offers you with life risk cover along with investment opportunities that give you handsome returns in the long run. ULIP was first launched in India in the year 2001 when the Government opened up the insurance sector for direct foreign investment.Subsequently, the...
Buying an insurance plan is as important as any other tasks to undertake during your life. a person’s life can be divided into different phases. Starting from when their parents are responsible for them, to when they take responsibility for their parents and their own family. Getting insurance is akin to a rite of passage when it comes to...
You want your home and family to be protected in case of an accident. It is the best thing you can do. However, that protection can be a little fickle. Your insurance agency may reimburse you in the event of certain problems, but it might not provide funds for other issues. In fact, if you do not have some...
