Normally each health insurance program overview along with basic sections such as ambulatory care, in-patient care, emergency health care and dental care has addendum containing bonus option which can be included in the coverage subject to additional insurance premium payment. Naturally enough it’s reasonable to evaluate whether or not such additional expenses are justified.
There is an easy way to pay less for CASCO insurance – that is to set high deductible amount. However, there is another side to the story. In case of insured event the Insured is bound to bear more expenses to cover it from his own pocket. This article is aimed at explaining the essence of deductible amount, its influence of the insurance rate and claim settlement process.
This article might be of use for those who have little experience in health insurance or do not understand completely the essence of price determination on this kind of policies. If you are an employer considering conclusion or renewal of health insurance agreement for your employees, you’d want to know about the factors which influence the price of the policy. They are briefly reviewed below.
When making a decision to purchase CASCO insurance policy it’s worth remembering that it serves as the means of protecting your vehicle from almost all kinds of unforeseen circumstances. Sometimes even those which an Insured can’t imagine. It’s not reasonable to evaluate whether or not CASCO insurance is worth paying for based on the relation between the insurance premium paid and indemnity received during the term of the agreement. Insurance allows predicting your expenses, including unexpected ones, in the first place. That’s the core purpose of such kind of insurance.
Successful claim settlement depends mainly on your careful consideration of insurance coverage options available in the market. The choice should be defined primarily by your business needs.
The issue of obligatory health insurance has been an arguable point for quite some time now. Unfortunately, no progress has been reached so far in this matter while voluntary health insurance is becoming more and more popular. If you are a lucky owner of health insurance policy and would like to make the most of it the tips below would be of use to you.
The base in the the word “insurance” means “fear” in Ukrainian and “sure” in English. It well may be that this etymological difference defines the different attitude towards insurance as the whole. In Ukraine people insure to get rid of fear while in the Western Europe or the USA they insure to ensure their confidence in what tomorrow brings. Nevertheless the profound understanding of the benefits of insurance as an effective means of securing financial welfare is gradually catching on. This is especially evident in the period of economic downfall. The statistics back up this trend showing that the number of insured events increase during the crisis years. Below are the grounds for this pattern.
© BRITMARK, LLC. 2007-2016. All rights reserved.
The use of any materials from the website is subject to compulsory reference to brit-mark.com.
The reference must be provided notwithstanding full or partial usage of the materials.
Online media must include direct and open for search engines hyperlink into subtitle or first paragraph of the material.
* - обязательные поля