Health Insurance

Health Insurance Articles

How to Write a Convincing Demand Letter to Settle Your Insurance Claim

Even though you do your best to stay safe, the time may eventually come when you’re involved in an accident where the other party’s is at fault. When this occurs, you could be stuck with loss of wages, damaged property, and medical bill expenses. Whether it’s just property damage or personal injury, you need to know that the at fault party’s insurance is willing to indemnify you in the case of a claim. Writing a demand letter is the best way make sure that all your expenses and losses are taken care of. This article will be a step by step guide on how to write a convincing demand letter to settle your insurance claim.

Long Term Care Insurance - Everything You Need to Know About LTC Coverage

Based on the most recent data from the US Census Bureau, over 1.25 million Americans over the age of 65 live in nursing homes, and that number is expected to rise over the coming years. Yet, surprisingly few people buy long term care insurance. Despite the fact that this product tends to be overlooked by many people approaching retirement age, it is an excellent addition to almost any retirement plan.

Commonly Misunderstood Insurance Concepts

Despite the availability of live agents, toll-free call centers, and an almost endless supply of information on the internet, policyholders everywhere still hold a multitude of misconceptions about insurance. Why do these fallacies persist? The reasons are almost as numerous as the misconceptions themselves. Some people are afraid to be ridiculed if they ask a question that they think is stupid. Others take the advice of friends or family members who may have good intentions but do not truly have a firm grasp of how insurance works. Whatever the reason, do not fall victim to any of these insurance misconceptions

Travel and Health Insurance for Students Studying Abroad

Travel and Health Insurance for Students Studying Abroad

Choosing to study abroad is an exciting experience for many students. However, things may begin to feel overwhelming as you get everything into place before departure. Long before you pack your bags, you should take a good look at your health insurance to find out what coverage, if any, is available once you leave the United States. Many programs, such as Medicare, will not provide health coverage outside of the United States and its territories.

Health Savings Accounts: Benefits and Considerations of HSAs

Even with all of the changes in the United States to make health care more affordable for every citizen, many Americans still deal with expensive medical bills. Some people pay high monthly premiums so that their deductibles are lower and their medical coverage kicks in faster. Some people pay high deductibles to reduce the cost of monthly premiums. Many people face medical expenses that their health insurance plans only partially cover or fail to cover at all. When these events take place, the extra costs can go so high that some patients must take out loans to cover their medical expenses or file bankruptcy.

Comparing Health Insurance Quotes and Coverage

Purchasing health insurance can seem like a daunting task for anyone, but it doesn't have to be. Thanks to the internet, it's easier than ever to research, personalize, and buy your own health insurance. Below are outlined the most important points to understand about buying your own health coverage to help walk you through everything you need in order to get started.

Buying Insurance from Independent Insurance Brokers vs Direct Writers

No matter what type of insurance you need, navigating the available choices can seem like a big hassle. Perhaps the first decision you'll need to make is whether to use an independent insurance broker or a direct writer. What's the difference? Simply put, independent brokers and agents will work for you and connect you to insurance products from a wide range of companies. Direct writers work for one company, usually one of the "big name" companies like Geico, and only have access to that company's products. Some large companies like Liberty Mutual and Allstate make use of both independent agents and direct writers, but many employ only direct writers. In some cases, using a direct writer is the only way to purchase a policy from a particular company.

Buying Insurance at Costco, Sam's Club and BJ's Wholesale Clubs

Insurance provides peace of mind by knowing that when a disaster or illness strikes - you're covered. Peace of mind can be expensive though, especially if you live on a fixed or low income or have dependents to cover. Fortunately, with the help of mass retailers, there's a cheaper way to buy insurance plans from trusted providers.

Health insurance is a complicated topic and few people can agree on a single "best" type of system. The United States, for example, has a combination of a privatized system and a public system. Other countries like Canada, Japan, and most European countries have universal health care, which means that all its citizens receive a basic level of coverage, though the governments of the countries can choose to run the program in a variety of ways. Each of these systems has its own benefits and drawbacks.

How to Find an Insurance Lawyer

When you are facing an issue with your insurance company, it can be quite a difficult task engaging them in legal battles on your own. Whether it is a case involving your car insurance, health insurance, workers compensation or other type of insurance, you are better of hiring an insurance lawyer. The following are some tips on finding an insurance attorney.