Long Term Care Health Insurance Benefit

I has discussed about the long term care health insurance importance in the earlier post. Include the exact time to buy. In this post I will discuss about the long term care health insurance benefit. And tips to get it.

There are three kinds of financial benefit that could be obtained from the long term care health insurance policy :

1. Long term care as a result of suffering the defect
2. Long term care resulting from the critical illness (dread disease coverage)
3. Long term care in the old age.

Long term care for you, that caused by accident that result in the total defect. As a result you could not work accordance with the background of your education and work experience. You also could not get other work to earn income. The benefit of the long term care health insurance also obtained by you when being criticised partly. If you suffered the total defect then you will get the appropriate benefit that was sealed in the policy of your long term care health insurance. When your health improved in stages, you will accept the benefit some reasonably.

The long term care benefit usually in the form of the additional insurance (rider) resulting from the critical illness (dread disease coverage). The policy of this addition gave the protection for you towards the critical illness like stroke, kidney, heart attack, osteoporosis, the illness of artery blood vessels, pulmonary disease, paralis, and blind. When you diagnosed one of the illnesses, claimed money will be paid and could be immediately used to pay the treatment of your health. You could get the emergency fund without disrupting the revenue. If you gradually recovered, the long term care health insurance benefit that was paid will not be withdrawn by the insurance company.

The treatment cost in the hospital or home (nursing homes). In the old age, there a big possibility you will need the treatment of the long term care health and help from the other person to carry out the activity of the days. Because of that the policy of long term care health insurance could accomodate these benefit. The cost for the treatment in the home already covered by this health insurance policy, including the service and the treatment to satisfy your requirement for social, medical, and psychological.

Generally you will get benefit from long term care health insurance policy as the treatment from the doctor, nurse and paramedic from the hospital with certain qualification. Because of the intensity and comprehensive of this service, in realisation there are need quite big cost some case. As the reference, the house treatment cost for old people in the USA around USD 60.000 / year.

Tips for you. To get the long term care health insurance policy and its benefit, you could be connected with the professional health insurance agency. You could ask for the recommendation from the workmate or relatives who had been connected with the health insurance agency. After getting the recommendation make sure that the agency had the certificate / licence in accordance with the provisions of the current government.

Several questions that must be forward. Did the agency understand the details of the long term care health insurance benefit? Does the company he worked had the special program for the long term care health insurance protection? Was there are kind of the insurance product that could be matched to satisfy this requirement?

In the process of the health insurance program requirement and recommendation analysis, you could ask to the agency to explain several options of the health insurance program. Afterwards discuss the health insurance program and its benefit that most agreed with your requirement. Fill all applications of the insurance request thoroughly and truly. You must confirm that all information that you gave are accurate. At the first time of premium payment, you better paid directly to the account of the insurance company. Avoid payment in cash through the insurance agency.

When being available you better choose the long term care health insurance that filled the criterion

1. had facilities that enable you to reduce the number of the health insurance protection benefit when at one time you could not pay the premium that was planned.
2. As well as possible the policy that you bought had the period “free look”. This aim so that you could reconsider the decision towards this policy and you could be still cancelling as well as getting again your money when the policy was not in accordance with the requirement.

After the insurance policy rose, immediately read and understand the contents of the policy. Confirm that all the policies contained the benefit of the insurance that was needed by you. Don't discouraged when finding matters that you not understand. Don't hesitated to ask for information from the insurance agency so as you could understand your policy clearly. Don't forget to always reconsider the policy of your health insurance periodically so that the benefit of the long term care health insurance still agrees with your requirement. When the change happening discuss it with the insurance agency that sold this policy. Care and precision when buying the long term care health insurance policy is critical to maximed the protection that obtained by you as the long term care benefit.

Consideration of Choosing Cheap Travel Insurance

Travel insurance usually is one of the conditions in the visa application when visiting certain country especially Europe and United States. There are several kinds of travel insurance based on the requirement and the level of our capacity, also the value of the trip that will be done. If the travel insurance only for the condition for visa, possibly main consideration is the cost.
However, if the insurance is really needed, possibly this matters could help.

The consideration before choose travel insurance:

1. The Scope of the trip territory.
Whether the travel is only on the same level region or worldwide. For the level of the world trip also must see whether it including the US or non US. This will influence the price of the insurance policy because the health service in the US is very expensive.

2. Which travel style that will be use?
Whether it is backpacker or first class. There are packages of the insurance with the backpacker theme that pressed the cost and had the longer duration.

3. Considered whether will be insuring the gift.
Whether carrying valuable stuff or only common traveling. For professional photographer had the special insurance for the camera and the equipment.
Passport and money must be also paid attention to. However, there are limitations for jewelry and cash money that usually do not include the high value.

4. The length of trip duration.
The price of the travel insurance depends on the duration of the trip.
In several terms maximum is 21 days and afterwards count as weekly. The activity what would be doing during the trip? For sport adventures, travel insurance usually will not cover this. Pay attention to sports that still in the policy scope. Bungee Jumping or trill seeker sport occasionally out of terms

5. The Requirement for the personal and the family health.
Do you need the supply of the medicine constantly? Whether there is any certain medicine allergy? Whether there is possibility of being sick during the trip.

6. Consider the possibility of the insurance that include the cancellation or delay.
Especially if all the activities has been ordered a long time before.

How to find the cheap travel insurance:

1. If is possible, buy it online. The online purchase process beside fast also does not need many work papers. Just enough for numbers of the insurance and contact if the emergency condition happening.

2. The high commission in the agency level occasionally also could make the price cheaper.

3. If you doing travel often, choose the travel insurance yearly (annual multi trips). This is cheaper and it gave high flexibility. Negotiated it if the payment is paid monthly.

4. Try to contact the bank or the insurance agency that was used often by your working company. Usually they give the significant discount.

5. Cheap is not mean it is good. Try to search the review about the claim service especially in the important territories. Whether it is good in medical claim or it is bad in the goods claim?
Or the reversal.

The step for purchase travel insurance:

1. At least contact 3 insurance companies. Compare their price and terms. Choose one that met your requirement.

2. Must be paid attention if it is has the special matter: for example the condition before the policy (preexisting medical conditions), old person, the pregnant woman, adventure travel or that planned to work, needed a caution to choose.

3. Get the last health condition. When it is possible, ask the doctor whether it is need special attention for example the injection or medical treatment before and for the trip.

4. Pay attention to each one terms thoroughly. For example, any country that included to one region. Such as Asia, (New Zealand country categorized as Asia-Pacific). Or what country that is not covered because of the reasons in the war condition. The example: Afghanistan, Cuba, Congo, Iran, Iraq, Liberia, Sudan and Syria.

7 causes For Insurance Claim’s Failures ( Unpaid )

In this article, I would discuss any of causes for unpaid insurance claim to the customer.

Customer Mistaken

Not every of claim payment failures were caused by insurance company. Its can be caused by the customer personally too.
Generally, there are five customer's mistakes that can cause for the Insurance claim’s failure :

1.Customer dishonesty

Before someone had the Life Insurance product, previously he must fill up the request form for Insurance. There are many questions that must be answered by a prospective customer, and from that answers the insurance company will consider whether giving the Life Insurance protection’s to you or not.

When filling up, prospective customer did not give the true answer often.For example, the question about: Whether you had been treated in Hospital for the last two years. If you answer no, but in fact you had been treated in hospital for the last six months for example. Then when the death happen to you and insurance company found that the cause of your death is because of the existence of the illness that had made you been treated in the hospital around the last six months, and so don't hope for the insurance company will pay the claim that was promised by them.

2. The exception by insurance company for paying claim.

Sometimes insurance company did not give the benefit promised by them when the cause of your death was exempted (and the exception was written in the policy).
Concerning for this exception, many insurance company determine the number of varying exceptions. However, generally is:
- The death because of the suicide
- The death because of the person doing the criminal act
- The death because of the AIDS
- The death because of the critical illness, where the death happened in the first year since he joint the insurance program.
- The death because of force majeure
Or other matters that could not be avoided, like the war, the natural disaster, or the riot.
The customers did not read these exceptions in the policy often, so it has become the loss for them. Therefore, if you had the Policy of the Insurance, make sure to read the available articles in the policy.

3. The customer was too long to submit their claim.

Generally, insurance company determine the limitation time for the insurance claim’s submission. Usually, the time is limit to be three months. The customers often lodge the claim out of this deadline, so as the insurance company wont pay you. For example, your husband joined a life insurance program with you as his heir. When the death happen to your husband, happening then you could get the benefit of the insurance that was promised if your claim submission still in the deadline of three months after his death. If you did not, the insurance company possibly will not give the benefit that promised by them.

Now, how you could know the limitation time that given by your insurance company for lodging the claim? You could read it in your insurance policy.After that, if later the death is happen, then lodge your claim immediately to insurance company.

4. The Conditions during the claim submission were not complete

Insurance company usually asks for several conditions during the claim submission whenever the death is really happened to their client. That Conditions usually not equipped by the customer's heir, so as the insurance company cannot pay their claim immediately.

Commonly, the conditions that were asked by insurance company when you lodge the death claim are:
- The certificate of the death
- The certificate of the Accident from police (if the death happened because of the accident)
- The certificate from Hospital (if the death happened in Hospital), where the letter was signed by the relevant doctor
- Filled up the form of the claim submission published by insurance company
- Make copy of the Identity So, when the risk of the death happening, don't forget to meet all the conditions that were asked by insurance company. It is not difficult right?

5. The customer not paid the premium in a certain period that has been determined.

It is clear, if you did not pay the premium in accordance with the period that was determined, it could be your insurance policy being expired. That mean you are no longer protected by the insurance. This is that often happened. In the beginning, customer paid the premium regularly, but at one time, the premium is no longer paid, until the certain deadline. This is just the same as if you used electricity and did not pay its bill in the certain deadline, so as your electricity might be interrupted.

Because of that, make sure you know about the premium payment regulation.Do not let your insurance policy not claimable just because you forgot to pay the premium right on time.

Insurance Company Fault

Beside the mistaken from customer, the claim failure also could be caused by the insurance company mistake. There are several mistaken actually, but that was general happened only two:

1. The insurance agent dishonesty in presenting insurance product.

It could be that your insurance agent was dishonest in presenting the insurance product. For example, in presentation he said that insurance company would pay the life insurance claim when the death was caused by the critical illness, including if this risk happened in the first year.In fact it is not like this generally.

It is true that not every insurance company had the same policy. So my suggestion is what is seen and written in your insurance policy that is must be made for your reconciliation, not from the insurance agent said. Generally, insurance company gave a money back Guarantee if evidently you are unsatisfied against the articles that were printed in the policy. You could return its policy, and your money will back. Of course, as long as the return of the policy is in the certain period limitation, that determined by the insurance company, that usually 30 to 90 days.

Then, does all the insurance agents are can’t believed? Of course not. That is depend on the agent personally. Don't just because of having one agent that dishonest, then you compare all the insurance agencies in this world as a same kind. Once more, all that is depend on their respective character.

To prove whether the presentation by the life insurance agent is true, all you need to do is compare with the insurance policy. If it same, that meant your insurance agent is honest and could be believed. When is not, reported to his insurance company.

2. The Insurance company denial.

If you have met all the conditions that were asked for, honest in filling up the claim form, paid the premium regularly, sent the claim submission still in a limitation period, but your claim still not being paid, it could be the insurance company have to deny their liability. Then when it is possible you can hire an attorney to help you out.