Tips for Choosing a Good Insurance Company

 

Insurance is actually very important for our life, now because of the importance of insurance, so on this occasion. Provider or insurance company so much, from too much, so sometimes it is hard to choose the provider or insurance company where the best.

The thing to keep in mind that in choosing a private insurance company, then that should be considered in general are three factors : First, the financial strength (security). Second, service ( service ). And third, the cost.

In the article there is an explanation that insurance, the financial strength of insurance related to the company's financial ability to fulfill its promise if the situation requires. It is important to know, because not a few insurance companies are looking at the flashy exterior. For example storey building, good directors vehicles. But when there claims from customers, the company is unable to pay.

In assessing the financial strength of these there are several benchmarks that need to be considered.

Assets and liabilities. It can be seen from the consolidated balance sheet is published in the newspaper. See also , whether planted in the current investment or longterm. In terms of liability (ability to pay off liabilities) will look at the balance sheet, how the debts by reinsurers, how he fulfilled his obligation to pay claims, and so forth.

Indicators of net liabilities include equity (own capital ) divided by net premiums (net premiums) of at least 50 %. Own capital divided by gross premium (gross premium) of at least 20 %. Limit the level of solvency, as seen from its own capital divided by net premiums of at least 10 % and investment funds technical reserves divided by at least 100 %. 

Underwriting Policy. In the balance sheet and annual report will be seen that the insurance is still a profit, or profit growth. This means its underwiting policy good. 

Its underwriters. Insurance has personnel qualified or not. It is known from the profile of companies that includes the underwriters him.

For that, there are many types of insurance that you can choose and consider. Do not be too trusting with seduction and an explanation of the insurance agents, but how can you get advice or guidance constantly from the agency about your insurance.

How to Choose Health Insurance

Health insurance is very important for individuals who are single or married. As we know, the costs incurred at the time of hospital admission is not cheap. It is usually not quickly realized until we experience it for yourself. 

 
These are some things to consider before buying health insurance:

1. You have to choose whether you want inpatient plus outpatient, or one alone. In fact some insurance there are a few other extras such as childbirth, eyes, teeth and so on. Choose according to your needs.

2. For inpatient care, you can determine how much space you want to class VVIP, VIP, class 2 and class 3.

3. If you've got health insurance from the office, check what is covered. Is it enough for your needs? When you can not buy additional insurance enough to see the difference shortcomings. (Can use the room as a benchmark).

4. Look at the nearest hospital to home or the office and ask the insurance company if there is cooperation between the hospital you want to simplify the claim process.

5. Ask the hospital, where they recommend insurance. Because the hospital would prefer if their insurance claim, direct the payment process faster.

6. No health insurance reimbursement system and there are only enough to use the card. Usually health insurance can be used for almost all hospital reimbursement system but not all cards except the hospital receiving partner. Ask your insurance agent, whichever hospital they are partners.

7. Find an agent who has long been in the business of insurance and reliable when you need him to process claims and so forth.

8. There is health insurance that provides constraints - cost constraints. Such as small surgical $. xxx and $.xxx drugs. There is also a limit but not per item per year. Example: In one year you are given limits $.2.000, - and the limits it can be used for any items except the room (because it was determined from the beginning).
 
9. Ask yourself, is there a hereditary disease which is dangerous or not? If anyone needed you can add and critical illness insurance. But you have to remember on critical illness insurance, funds will only come out when you have very severe disease. Example: cancer stage 3 or 4.

10. Option for pure health insurance, for a more maximal coverage. Make sure your exact needs. You may ask the opinion of others but the decision remains in the hands of you, because no one else is paying premiums but your own. Do not add a rider that you do not need.

Health Insurance - Why should you have it?

Why We Should Have Health Insurance. 

The longer the cost of living is increasing and sometimes out of control. While we are healthy, we are desperately looking for money to be collected. So that sometimes we forget to get enough rest, we consequently susceptible to disease and had to be hospitalized.

This may not be an issue if we have enough funds to pay for medical treatment, but if the funds are not quite as likely being used for working capital, for school fees for the unused atapun other unexpected things, then it would be a problem if had to be hospitalized in the hospital and had to get out a huge cost, we may be forced to drain the remaining savings, mortgaged goods, or borrow money on other people, so it is very disturbing financial situation of the family.

On insurance article was just a small bit of the scene, of the many things that could happen. One of the easiest solution if you do not want the above takes place in our family is as early as possible we buy health insurance from a reliable insurance company.

By having health insurance products, the impact of emerging health risks transferred to the insurance company, the insurance company will provide coverage of health expenses as agreed upon in the insurance policy.