Each insurance policy owners will definitely want to get a warranty / best protection in case a disaster happens to the owner of the insurance policy. But what happens if when the accident occurred, but when the owner of the policy to make a claim but was denied by insurers? certainly very disappointed not.
Therefore, it would be nice before we make a claim, first consider the rules that lead to insurance claims we rejected. Well, here are some reasons that make claims rejected by insurers :
1. Misrepresentations of Material
What is meant here is that the customer provide false statements or information, and does not match the reality of customers, both in the form of information about medical history, income, and risk his job.
For example, when completing the registration form, the customer said that the customer does not have such a dangerous medical history of heart disease. But in fact, the customer subsequently died of the disease. When it happens like that, most likely, insurers will reject claims submitted. To remember that, the insurance company would not believe it to you, they certainly will find information, whether the information from you that is true or not.
2. Suicide
In this case, if the family filed a benefit / claim for the death of the policy holder, but after being checked by the insurance company that the policy owner dies by suicide, it stands to reason that the claim filed by the family of the insured will be rejected. In this case, usually the insurance company will only provide benefits / guarantees if the policy holder dies due to illness or an accident that was not intentional.
3. Dead Itself Induced
Death is meant here is different from suicide. For example, there is the policy owner-kebuatn who likes racing on the highway, then it makes it dead because of his behavior. Or the owner of the policy has a habit of getting drunk or using illegal drugs, which made him an overdose and then died. So the question here is really a natural death in the absence of intent, such as activity / act which caused the death occurred.
Of the several reasons above, hopefully there is no more fear of the family insured that the claim will not be denied later they ask. So that they have a policy that really give you the best benefits as expected. May be useful.
Sunday, September 28, 2014
Friday, September 26, 2014
Tips For Insurance Claim Is Not Rejected
When going to buy an insurance policy, of course, we want to get the best protection on the guarantee or calamity that might befall us later. But what happens when a calamity befalls us, while we file claims rejected by insurers. Not a bit of insurance customers who experienced the events above.
Therefore, here are some tips that we introduce later claim not denied by insurers:
1. At the time of the prospective insurance customers want to fill out an insurance application form, should fill the data honestly, must not fill. Because no matter how small the data that we provide, a big influence on our future claims submission.
2. At the time of the prospective insurance customers want to fill out the registration form, each sentence should be contained in the application form read carefully and understood exactly the point. If there are less obvious intent of the sentence, clearly ask the agent / insurer, so that prospective customers understand correctly and not feel disadvantaged if the later claim is not paid.
3. At the time of the prospective customers want to purchase a policy, it should be understood very well what are the requirements needed when filing a claim, such as how long a time limit / expiration of the current catastrophe claims occur. Because the insurance policy has a time limit / expiration, so that when the claim is made but the prevailing policy has been exhausted, the insured is no longer covered by insurance. These factors will determine whether our claim will be denied or paid.
4. When prospective insurance customers insurance policy offered by the agent / insurer, should be asked very clearly before moving to the next stage. Because usually, people will always try to convince offered with sweet words, so that people who want to buy what is offered is offered. So prospective insurance customers will be satisfied and not feel disadvantaged if later what he received not in accordance with what has been submitted by the agent / insurer.
Hopefully with the tips above, it will be no insurance policy owners who rejected his claim submission. May be useful.
Therefore, here are some tips that we introduce later claim not denied by insurers:
1. At the time of the prospective insurance customers want to fill out an insurance application form, should fill the data honestly, must not fill. Because no matter how small the data that we provide, a big influence on our future claims submission.
2. At the time of the prospective insurance customers want to fill out the registration form, each sentence should be contained in the application form read carefully and understood exactly the point. If there are less obvious intent of the sentence, clearly ask the agent / insurer, so that prospective customers understand correctly and not feel disadvantaged if the later claim is not paid.
3. At the time of the prospective customers want to purchase a policy, it should be understood very well what are the requirements needed when filing a claim, such as how long a time limit / expiration of the current catastrophe claims occur. Because the insurance policy has a time limit / expiration, so that when the claim is made but the prevailing policy has been exhausted, the insured is no longer covered by insurance. These factors will determine whether our claim will be denied or paid.
4. When prospective insurance customers insurance policy offered by the agent / insurer, should be asked very clearly before moving to the next stage. Because usually, people will always try to convince offered with sweet words, so that people who want to buy what is offered is offered. So prospective insurance customers will be satisfied and not feel disadvantaged if later what he received not in accordance with what has been submitted by the agent / insurer.
Hopefully with the tips above, it will be no insurance policy owners who rejected his claim submission. May be useful.
Wednesday, September 24, 2014
Pet Insurance
Life insurance, fire, or accident may have been the familiar. But what about the animal insurance? There may be some who have never heard or even already have an insurance policy for the animal.
It turns out that in developed countries such as the UK or the USA, where many people are willing to pay to care for his pet. It is proved that the cost of pet care in the United States for example, has increased from year to year. Therefore, in developed countries such as Britain or the United States, pet insurance is very popular.
For animal lovers, pet health, including maintaining a very important thing. Although the cost of maintenance and care of animals is not exactly cheap, but they are ignored, as long as the pet is essential to a healthy back.
When the sick animal, the owner would have felt very sad. Eating is not passionate, restless sleep and lazy to do various activities with grief to see his favorite animals sick. Moreover, if the beloved pet dies.
Maybe we've heard that in the developed countries are often seen many animals that roam the sidewalks or in the halls of the slum. This could happen because the owner of the animal is intentionally throw or abandoning their pets when the animals are sick or old, because it could be the owner of the animal is no longer able to provide the cost of care for these animals. Because of possible animal care costs are more expensive than the cost of human care. .
Well, insurance is present in addition to animal rescue pets abandoned by their owners before, also gave an assurance to the owner that the animal will no longer have to worry about the high cost of care their pets, because there is an insurer that is ready to provide services and risk if at any time things happen that unwanted pet owner.
Hopefully with this pet insurance, there is no more animals abandoned by their owners again. And hopefully, the owner of the animals love their pets.
It turns out that in developed countries such as the UK or the USA, where many people are willing to pay to care for his pet. It is proved that the cost of pet care in the United States for example, has increased from year to year. Therefore, in developed countries such as Britain or the United States, pet insurance is very popular.
For animal lovers, pet health, including maintaining a very important thing. Although the cost of maintenance and care of animals is not exactly cheap, but they are ignored, as long as the pet is essential to a healthy back.
When the sick animal, the owner would have felt very sad. Eating is not passionate, restless sleep and lazy to do various activities with grief to see his favorite animals sick. Moreover, if the beloved pet dies.
Maybe we've heard that in the developed countries are often seen many animals that roam the sidewalks or in the halls of the slum. This could happen because the owner of the animal is intentionally throw or abandoning their pets when the animals are sick or old, because it could be the owner of the animal is no longer able to provide the cost of care for these animals. Because of possible animal care costs are more expensive than the cost of human care. .
Well, insurance is present in addition to animal rescue pets abandoned by their owners before, also gave an assurance to the owner that the animal will no longer have to worry about the high cost of care their pets, because there is an insurer that is ready to provide services and risk if at any time things happen that unwanted pet owner.
Hopefully with this pet insurance, there is no more animals abandoned by their owners again. And hopefully, the owner of the animals love their pets.
Sunday, September 21, 2014
Reinsurance
In the insurance world, we must recognize the term reinsurance, but may not know / understand in detail what is meant by reinsurance.
Reinsurance is a very important part of the insurance. Like a human body organs, the heart of the Reinsurance is insurance. Reinsurance arises because of the insurance itself, in other words there will be no reinsurance that insurance itself does not exist.
Thus the importance of the role of reinsurance, so that if an insurance company does not run reinsurance, it stands to reason that the insurance company will not be able to sustain its business and will eventually bankrupt / insolvent..
In the insurance industry, particularly in the case of closure of an insurance policy, is a very major principle that risks that need to be closed / should be shared, so that the risk would not burden yourself beyond limits.
The principle is known as the "Principle of Spread Risk". With the spread of these risks, meant the closure of a portion of the risk that it will be borne alone, while insurers will bear most of the risk of the other.
To spread the risk, there are 2 ways, namely : CO-INSURANCE and RE-INSURANCE.
- Co-insurance is a joint insurance.
- Re-insurance is insurance back.
From the description above, it is clear that it is doing Reinsurance is insurance companies, which in function is an institution insurer risk (Risk Bearing Institution) first or agency that originally closed the reinsured risks.
In the insurance world, there are two risks to get the insurance coverage, which is a big risk and low risk.
For large risks, clearly require reinsurance, because the magnitude of this risk exceeds the limits of the ability of an insurance company. Examples of Reinsurance with great risk, for example: building high-rise office building, Textile Mill, Paper Mill, Marine, Aircraft, and so on.
However, for a small risk is not so necessary for the reinsured, as it is still below the limit of the ability of an insurance company. Such as residence / home, which according to the assessment of insurance, residence / house value is still below the limit of the ability of insurance companies, so no need for the reinsured. With the exception of a small risk that this amounts to a lot, and in the judgment of the insurer would exceed the limits, then it needs to be reinsured.
In addition to large and small risks, there is also the type of risk that is not harmful (Non-Hazardous) and hazardous (Hazardous). Risk types are not dangerous, do not need to reinsured, while dangerous to risk, then it needs to be reinsured.
In the insurance industry, any closure risks / any risks that occur outside the limits of an insurance company and the insurance company is not able to bear it alone, it is necessary reinsurance.
And in every implementation of Reinsurance, will inevitably involve two parties, ie parties that offer reinsurance called "ceding Company" and the party receiving the reinsurance is called "reinsurer" or also known as reinsurers.
Reinsurance is a very important part of the insurance. Like a human body organs, the heart of the Reinsurance is insurance. Reinsurance arises because of the insurance itself, in other words there will be no reinsurance that insurance itself does not exist.
Thus the importance of the role of reinsurance, so that if an insurance company does not run reinsurance, it stands to reason that the insurance company will not be able to sustain its business and will eventually bankrupt / insolvent..
In the insurance industry, particularly in the case of closure of an insurance policy, is a very major principle that risks that need to be closed / should be shared, so that the risk would not burden yourself beyond limits.
The principle is known as the "Principle of Spread Risk". With the spread of these risks, meant the closure of a portion of the risk that it will be borne alone, while insurers will bear most of the risk of the other.
To spread the risk, there are 2 ways, namely : CO-INSURANCE and RE-INSURANCE.
- Co-insurance is a joint insurance.
- Re-insurance is insurance back.
From the description above, it is clear that it is doing Reinsurance is insurance companies, which in function is an institution insurer risk (Risk Bearing Institution) first or agency that originally closed the reinsured risks.
In the insurance world, there are two risks to get the insurance coverage, which is a big risk and low risk.
For large risks, clearly require reinsurance, because the magnitude of this risk exceeds the limits of the ability of an insurance company. Examples of Reinsurance with great risk, for example: building high-rise office building, Textile Mill, Paper Mill, Marine, Aircraft, and so on.
However, for a small risk is not so necessary for the reinsured, as it is still below the limit of the ability of an insurance company. Such as residence / home, which according to the assessment of insurance, residence / house value is still below the limit of the ability of insurance companies, so no need for the reinsured. With the exception of a small risk that this amounts to a lot, and in the judgment of the insurer would exceed the limits, then it needs to be reinsured.
In addition to large and small risks, there is also the type of risk that is not harmful (Non-Hazardous) and hazardous (Hazardous). Risk types are not dangerous, do not need to reinsured, while dangerous to risk, then it needs to be reinsured.
In the insurance industry, any closure risks / any risks that occur outside the limits of an insurance company and the insurance company is not able to bear it alone, it is necessary reinsurance.
And in every implementation of Reinsurance, will inevitably involve two parties, ie parties that offer reinsurance called "ceding Company" and the party receiving the reinsurance is called "reinsurer" or also known as reinsurers.
Wednesday, September 17, 2014
The Basic Principles of Insurance
Basically, everything that his name must have guidelines / basic principles, as well as the insurance industry. Still related to the previous article, the purpose of insurance, hopefully the following article which will further add to our knowledge about the world of insurance.
Basic Principles of Insurance
There are some basic principles that animate the insurance industry and guide the implementation of the activities of insurance :
1. Insurable Interest
Insure that the parties should have an interest in the property that can be insured (insurable). Where the object of interest and must be legal (not against the law) and decent. Having the benefit of the insured object if you suffer financial loss, if the accident occurred and caused loss or damage to the object.
In the event of a disaster for the insured object and proved that you do not have a financial interest in the object, then you are not entitled to receive compensation. Violations of this principle may result in a claim can not be paid.
2. Utmost Good Faith (Best Intentions)
Insured shall inform clearly and carefully about all the important facts relating to the object to be insured (material facts that would affect the Insurer in accepting or rejecting an application for insurance). While the Insurer is obliged to explain the risks are warranted or excluded, all terms and conditions of coverage are clearly and accurately. This obligation applies since the agreement concerning the insurance agreement is discussed through insurance contracts completed or in the event of changes to the insurance contract and the things that are related to those changes.
3. Indemnity (Indemnity Compensation)
Intent on this principle aims to restore the position of the insured in the position just before the loss of the guaranteed policy. If the insured object affected causing loss, the Insurer will indemnify be the same as immediately before the loss, to restore the financial position of the insured. Thus the insured is not entitled to obtain greater compensation (taking advantage) of Insurers for their losses.
Some way of payment of compensation applicable:
• Payment by cash, or
• Repair or replacement, or restoration of.
4. Subrogation
This principle is a consequence of the principle of Indemnity, namely the transfer of title (subrogation) of the Insured to the Insurer, if the Insurer has paid compensation to the insured.
5. Contribution
If an insured object to some insurance companies will apply the principle of contribution of each of the insurance company.
example:
Insured insuring the object of $ 200 million to three Insurers (insurance company):
Example: Insurance A $ 200 million, $ 100 million B, and C $ 100 million.
If the object is a total loss, then the maximum compensation that the insured obtain from each Person is:
A = $ 200 million / $ 400 million x $ 200 million = $ 100 million
B = $ 100 million / $ 400 million x $ 200 million = $ 50 million
C = $ 100 million / $ 400 million x $ 200 million = $ 50 million
Means the amount of compensation received from a third Person Insured (insurance company) is not $ 400 million, but $ 200 million (according to the actual price).
6. Proximate Cause (Proximal Causes)
The principle is used to find the cause of the loss is actively and efficiently. "Unbroken Chain of Events" is a series of events chain unbroken.
The purpose of this principle is that if the interest / object of the insured who is insured, the unfortunate, the first thing to be done by the Insurer is looking for causes of an active and efficient that drives a series of such events without interruption, so that in the end there is a disaster .
Hopefully after understanding about the basic principles and purposes of insurance, will make a strong belief in ourselves that insurance is an important thing in our lives. May be useful.
Basic Principles of Insurance
There are some basic principles that animate the insurance industry and guide the implementation of the activities of insurance :
1. Insurable Interest
Insure that the parties should have an interest in the property that can be insured (insurable). Where the object of interest and must be legal (not against the law) and decent. Having the benefit of the insured object if you suffer financial loss, if the accident occurred and caused loss or damage to the object.
In the event of a disaster for the insured object and proved that you do not have a financial interest in the object, then you are not entitled to receive compensation. Violations of this principle may result in a claim can not be paid.
2. Utmost Good Faith (Best Intentions)
Insured shall inform clearly and carefully about all the important facts relating to the object to be insured (material facts that would affect the Insurer in accepting or rejecting an application for insurance). While the Insurer is obliged to explain the risks are warranted or excluded, all terms and conditions of coverage are clearly and accurately. This obligation applies since the agreement concerning the insurance agreement is discussed through insurance contracts completed or in the event of changes to the insurance contract and the things that are related to those changes.
3. Indemnity (Indemnity Compensation)
Intent on this principle aims to restore the position of the insured in the position just before the loss of the guaranteed policy. If the insured object affected causing loss, the Insurer will indemnify be the same as immediately before the loss, to restore the financial position of the insured. Thus the insured is not entitled to obtain greater compensation (taking advantage) of Insurers for their losses.
Some way of payment of compensation applicable:
• Payment by cash, or
• Repair or replacement, or restoration of.
4. Subrogation
This principle is a consequence of the principle of Indemnity, namely the transfer of title (subrogation) of the Insured to the Insurer, if the Insurer has paid compensation to the insured.
5. Contribution
If an insured object to some insurance companies will apply the principle of contribution of each of the insurance company.
example:
Insured insuring the object of $ 200 million to three Insurers (insurance company):
Example: Insurance A $ 200 million, $ 100 million B, and C $ 100 million.
If the object is a total loss, then the maximum compensation that the insured obtain from each Person is:
A = $ 200 million / $ 400 million x $ 200 million = $ 100 million
B = $ 100 million / $ 400 million x $ 200 million = $ 50 million
C = $ 100 million / $ 400 million x $ 200 million = $ 50 million
Means the amount of compensation received from a third Person Insured (insurance company) is not $ 400 million, but $ 200 million (according to the actual price).
6. Proximate Cause (Proximal Causes)
The principle is used to find the cause of the loss is actively and efficiently. "Unbroken Chain of Events" is a series of events chain unbroken.
The purpose of this principle is that if the interest / object of the insured who is insured, the unfortunate, the first thing to be done by the Insurer is looking for causes of an active and efficient that drives a series of such events without interruption, so that in the end there is a disaster .
Hopefully after understanding about the basic principles and purposes of insurance, will make a strong belief in ourselves that insurance is an important thing in our lives. May be useful.
Tuesday, September 16, 2014
Purpose of Insurance
In modern times, as now, there are still some people who think of insurance as a negative thing. Maybe some people are not yet fully understand what is meant by insurance are, or may be they ever have an insurance policy, but when filing a claim denied by insurers.
Well for those of you who still do not understand what it is insurance, or for those of you who want to buy an insurance policy, it's good to let the world know about insurance.
Purpose of Insurance :
- Provide a guarantee of protection from the risk of losses suffered by one party.
- Improve the efficiency, because it does not need to specifically maintain security and surveillance to provide protection that takes a lot of energy, time and cost.
- Equitable charge, which is enough only to pay a certain amount and do not need to replace / pay for their own losses incurred and the amount is not necessarily uncertain.
- The basis for the bank to extend credit because banks require collateral protection of the collateral provided by the borrower money.
- As savings, because the amount paid to the insurer will be returned in larger quantities (for life insurance).
- Cover the Loss of Earning Power shut a person or business entity when he can not function.
Hopefully after knowing and understanding the article above, you can add insight about insurance and can also change your mindset for the better of the insurance industry. May be useful.
Well for those of you who still do not understand what it is insurance, or for those of you who want to buy an insurance policy, it's good to let the world know about insurance.
Purpose of Insurance :
- Provide a guarantee of protection from the risk of losses suffered by one party.
- Improve the efficiency, because it does not need to specifically maintain security and surveillance to provide protection that takes a lot of energy, time and cost.
- Equitable charge, which is enough only to pay a certain amount and do not need to replace / pay for their own losses incurred and the amount is not necessarily uncertain.
- The basis for the bank to extend credit because banks require collateral protection of the collateral provided by the borrower money.
- As savings, because the amount paid to the insurer will be returned in larger quantities (for life insurance).
- Cover the Loss of Earning Power shut a person or business entity when he can not function.
Hopefully after knowing and understanding the article above, you can add insight about insurance and can also change your mindset for the better of the insurance industry. May be useful.
Unique In The World of Insurance Claims
Maybe for some people, insurance synonymous with life insurance, health, accident etc.Well, still on the unique, this time I will try to convey the uniqueness in the world of insurance.
Here are some unique claims that occur in the world of insurance :
1. Moldy
Whoever the person would want to have a dream house that is clean and well maintained. But what happens if your house there is a lot of mold or mildew on the wall of the house, and then cause disease in your family But this time you do not have to worry anymore of it, there is an insurance policy that protects you and your family ready, of course, related to mold or mildew in your home. You can file a claim, if it causes harm to you.
2. Terrorism
At present, the world is enlivened by the issue of a terrorist attack. For those of you who may feel worried about the terrorist attacks happen to you or your property, do not worry, you simply buy this kind of insurance policy. Although there are insurers who settle claims on a case-by-case basis, but you can also file a claim related to terrorism.
3. Accidents Due To Own Property
Anyone would not be able to guess what will happen to befall a person. Insurance claims accidents caused by another person, it is common. But what if the disaster is due to your own negligence Nowadays you do not have to worry anymore, there is an insurance policy that covers you are ready at any time if there are calamities that befall you just because you slipped on the stairs of your home
4. Bite
According to Bill Wilson of the Independent Insurance Agents & Brokers of America, estimated claims incurred due to dog bites perched in the amount of 1.33 from all liability claims. Most insurance companies will handle the medical bills because someone is bitten by a dog, cat, snake.
5. Fall of a Foreign Object
As the incidence plane is shot down some time ago, what if an airplane debris to fall on your house Or suddenly there is one meteor that fell from the sky and destroy your home Surely we would feel sad. Well, for those of you who worried the incident would happen to you, buy one of these types of insurance policies, because the claim that would be prepared to bear you ask if one of the events that happen to your property. But before you make a claim, you better not renovate your total property damage, before the insurance company to assess the extent of the damage that happened to your property.
Here are some unique claims that occur in the world of insurance :
1. Moldy
Whoever the person would want to have a dream house that is clean and well maintained. But what happens if your house there is a lot of mold or mildew on the wall of the house, and then cause disease in your family But this time you do not have to worry anymore of it, there is an insurance policy that protects you and your family ready, of course, related to mold or mildew in your home. You can file a claim, if it causes harm to you.
2. Terrorism
At present, the world is enlivened by the issue of a terrorist attack. For those of you who may feel worried about the terrorist attacks happen to you or your property, do not worry, you simply buy this kind of insurance policy. Although there are insurers who settle claims on a case-by-case basis, but you can also file a claim related to terrorism.
3. Accidents Due To Own Property
Anyone would not be able to guess what will happen to befall a person. Insurance claims accidents caused by another person, it is common. But what if the disaster is due to your own negligence Nowadays you do not have to worry anymore, there is an insurance policy that covers you are ready at any time if there are calamities that befall you just because you slipped on the stairs of your home
4. Bite
According to Bill Wilson of the Independent Insurance Agents & Brokers of America, estimated claims incurred due to dog bites perched in the amount of 1.33 from all liability claims. Most insurance companies will handle the medical bills because someone is bitten by a dog, cat, snake.
5. Fall of a Foreign Object
As the incidence plane is shot down some time ago, what if an airplane debris to fall on your house Or suddenly there is one meteor that fell from the sky and destroy your home Surely we would feel sad. Well, for those of you who worried the incident would happen to you, buy one of these types of insurance policies, because the claim that would be prepared to bear you ask if one of the events that happen to your property. But before you make a claim, you better not renovate your total property damage, before the insurance company to assess the extent of the damage that happened to your property.
Sunday, September 14, 2014
Insurance Wedding Or Insurance Change of Heart
In the United States there is a unique insurance, wedding insurance ie. Those who suffered losses as a result of marriage itching can get compensation.
With around 26,000 dollar insurance rates, namely a usual wedding costs incurred by the Americans when married, insurance companies in America that sell more insurance policies protection, such as losses incurred due to bad weather, illness, and even the possibility of a marriage which held off because the bride changed her mind or other causes.
October in New Orland, Cheryl Winter pay $ 500 dollars to the Hartford-based insurer Travelers Cos. Inc., to insure her daughter's wedding venue that is worth $ 50,000, for fear that marriage will be canceled due to the probable occurrence of storms, despite calm weather at the time. Unfortunately limousine that their message did not come, so that his daughter will get married it should go to the church by taxi. He and his son then use the insurance policy to reclaim their deposit money.
This kind of insurance offered by most small insurance company in the United States. These companies refuse to provide the data how many of their customers by saying that their company grow steadily. Insurance is able to provide compensation for a wide range of wedding-related losses, ranging from losses caused by the cancellation of the wedding the bride and groom themselves, the destruction of the wedding hall, to the cancellation of the wedding due to the deployment of troops to conflict areas.
For parents who worry about their children's relationship deteriorated before the marriage vows, can buy the insurance offered by Fireman's Fund Insurance Co. The company offers insurance "change of heart". This means that they will provide compensation due to the cancellation of the wedding because the bride changed her mind.
Travelers Insurance Company said that the wedding insurance is marketed since 2007, is an initial step to get connected with a young couple who will probably be thinking to make these insurance companies as insurance for their home life.
"This could be the beginning of a relationship with a young couple" said Ed Charlebois, vice president of personal insurance Hartford-based Travelers Cos. Inc.
However, there are complaints from the insurance company saying that the level of fraud in insurance is very high in the early years. The reason is the insurance policy was purchased by a couple who are known to fight. But now the insurance is valid only if the bride and groom cancels wedding over the previous nine months. "Compensation will be lost, if you reach the altar" said Rob Nuccio, administrators RV Nuccio & Associates. "People who buy insurance are those who know will get compensation," he continued.
Insurance Premiums With Trash
Until now, the level of public awareness to be concerned about the health insurance participants remains low. So many people who are not able to go to the hospital because of high cost.
Seeing these conditions, there is a unique idea of dr. Gamal Albinsaid. This young doctor makes a new breakthrough, namely by setting up clinics "Insurance Premiums Trash" in the city of Malang, East Java. In accordance with the name of his clinic, then anyone who joined the health insurance must pay premiums to the trash every week, where the waste will be valued around Rp 10 thousand per person.
The idea of making clinical waste insurance premium is derived from a true story that happened in Jakarta a few years ago. It is said, there is a scavenger children who died in the wheelie bin father, because the father was not able to take his son to the hospital for treatment.
Later the funds raised will be used for health services, conduct health care quality improvement programs (ex: counseling, nutritional counseling, distribution of books), to prevent the occurrence of illness (preventive), rehabilitative, control diabetes and others.
Unexpectedly, apparently unique insurance related public response was quite good. Until now, the insurance participants already numbers about 500 people. "The plan is an insurance system will be applied in other cities in Indonesia," said Dr. Gamal.
Is proud of his achievement, on Friday, January 31, 2014, an intern at Saiful Anwar Hospital Malang awarded HRH The Prince of Wales Young Winner 2014 First Sustainability Entrepreneurship.
Seeing these conditions, there is a unique idea of dr. Gamal Albinsaid. This young doctor makes a new breakthrough, namely by setting up clinics "Insurance Premiums Trash" in the city of Malang, East Java. In accordance with the name of his clinic, then anyone who joined the health insurance must pay premiums to the trash every week, where the waste will be valued around Rp 10 thousand per person.
The idea of making clinical waste insurance premium is derived from a true story that happened in Jakarta a few years ago. It is said, there is a scavenger children who died in the wheelie bin father, because the father was not able to take his son to the hospital for treatment.
Later the funds raised will be used for health services, conduct health care quality improvement programs (ex: counseling, nutritional counseling, distribution of books), to prevent the occurrence of illness (preventive), rehabilitative, control diabetes and others.
Unexpectedly, apparently unique insurance related public response was quite good. Until now, the insurance participants already numbers about 500 people. "The plan is an insurance system will be applied in other cities in Indonesia," said Dr. Gamal.
Is proud of his achievement, on Friday, January 31, 2014, an intern at Saiful Anwar Hospital Malang awarded HRH The Prince of Wales Young Winner 2014 First Sustainability Entrepreneurship.
Saturday, September 13, 2014
Life Gets Better With Life Insurance
According to Develop a research, people today can expect to live until the age of 120 years, maybe even around 3000 people worldwide every year to celebrate the birthday-100, but not everyone who can live that long.
Surely there are of us may die early due to accidents at work, road accident or because they hurt. The problem is, the risk of death is not only the psychological impact of losing a loved one, but furthermore the risk of death can also result in financial loss, if the death occurs in the breadwinner. For most families in general, if the death occurs in the breadwinner, then certainly the family left behind will experience financial difficulties, due to the cessation of the source of family income.
For those of you who want to avoid or reduce the financial burden of an unpleasant situation, then the proper solution is to anticipate the risk of financial loss by purchasing life insurance. Thus the insurance will pay some compensation money when the insured person dies.
Anticipating financial loss by purchasing life insurance is important for every person who has dependents, especially for those who are married, especially if the spouse does not have income and added again if the couple already has a child. Because by having life insurance, we are including the family's financial plan for the future. In the sense that we can ensure families who depend on us will not experience financial difficulties after the death of our future.
However, buying life insurance is not as easy as we imagine as it should. There are so many life insurance products are offered, but unfortunately some of them, could or could not even provide the maximum benefit in accordance with what we need / expect.
The death of the main breadwinner could cause serious financial problems for the left. Therefore, it is proper the breadwinner doing anticipatory measures risk by transferring the risks to be borne by the family, the risk will be borne by insurers. The risk in this case of course the financial risk. The more dependents you are, the greater the amount of insurance money that is needed.
The sooner you have a life insurance policy, it would be better for you and the family. Because the more you procrastinate to have an insurance policy, then your age will also be increased and this will certainly make you spend a sum greater.
Surely there are of us may die early due to accidents at work, road accident or because they hurt. The problem is, the risk of death is not only the psychological impact of losing a loved one, but furthermore the risk of death can also result in financial loss, if the death occurs in the breadwinner. For most families in general, if the death occurs in the breadwinner, then certainly the family left behind will experience financial difficulties, due to the cessation of the source of family income.
For those of you who want to avoid or reduce the financial burden of an unpleasant situation, then the proper solution is to anticipate the risk of financial loss by purchasing life insurance. Thus the insurance will pay some compensation money when the insured person dies.
Anticipating financial loss by purchasing life insurance is important for every person who has dependents, especially for those who are married, especially if the spouse does not have income and added again if the couple already has a child. Because by having life insurance, we are including the family's financial plan for the future. In the sense that we can ensure families who depend on us will not experience financial difficulties after the death of our future.
However, buying life insurance is not as easy as we imagine as it should. There are so many life insurance products are offered, but unfortunately some of them, could or could not even provide the maximum benefit in accordance with what we need / expect.
The death of the main breadwinner could cause serious financial problems for the left. Therefore, it is proper the breadwinner doing anticipatory measures risk by transferring the risks to be borne by the family, the risk will be borne by insurers. The risk in this case of course the financial risk. The more dependents you are, the greater the amount of insurance money that is needed.
The sooner you have a life insurance policy, it would be better for you and the family. Because the more you procrastinate to have an insurance policy, then your age will also be increased and this will certainly make you spend a sum greater.
Thursday, September 11, 2014
Asian Economic Growth Push The Growth of The Insurance Industry
Asia Pacific is one of the interesting and tough markets in the world. With a young population and population-level dynamic push strong urbanization and significant growth in terms of revenues throughout this region.
Strong exports which affects the economy significant improvement in Asian countries also have a positive impact to the performance of the life insurance industry in the region.
International Monetary Fund (IMF) predicts that in the next two years Asian will experience stronger economic growth. In 2014, economic growth reached 5.4% Asian. This figure is better than the previous two years, respectively 5.3% and 5.2%.
As a life insurance company AIA Group Limited is headquartered in Shanghai, with its good performance and is also driven by economic growth in Asia continues to increase from year to year, making the insurance companies are still able to maintain its position at the top insurance companies in Asian competition.
Included also in Indonesia, with a very large population and economic growth as well, making the level of community awareness of insurance is also increasing. Due to the high potential, making this country a target for insurance companies in the world to develop the business.
As once stated by Chief Executive Financial Industry Supervision of Non-Bank Financial Services Authority (FSA) Firdaus Djaelani, the insurance industry in Indonesia is like a "pretty girl" who ogled many insurance companies from other countries.
Strong exports which affects the economy significant improvement in Asian countries also have a positive impact to the performance of the life insurance industry in the region.
International Monetary Fund (IMF) predicts that in the next two years Asian will experience stronger economic growth. In 2014, economic growth reached 5.4% Asian. This figure is better than the previous two years, respectively 5.3% and 5.2%.
As a life insurance company AIA Group Limited is headquartered in Shanghai, with its good performance and is also driven by economic growth in Asia continues to increase from year to year, making the insurance companies are still able to maintain its position at the top insurance companies in Asian competition.
Included also in Indonesia, with a very large population and economic growth as well, making the level of community awareness of insurance is also increasing. Due to the high potential, making this country a target for insurance companies in the world to develop the business.
As once stated by Chief Executive Financial Industry Supervision of Non-Bank Financial Services Authority (FSA) Firdaus Djaelani, the insurance industry in Indonesia is like a "pretty girl" who ogled many insurance companies from other countries.
Tuesday, September 9, 2014
The Importance of Insurance For Companies
Once the importance of insurance, so that from year to year, many of the companies that include insurance for each employee, but not balanced in terms of the number of workers is slowing due to the number of employees in the company is limited.
This is because awareness of the company will experience a variety of problems if not insuring their workers.
Here are some problems that will be encountered if the company does not insure their workers:
1. The Company will bear the brunt of fluctuations affecting the cost of health workers, whether caused by disease or accident workers work itself that is catastrophe or accidents can never be predicted. As we all know that health costs from year to year increase. So it is very important for companies to insure their workers in order to avoid or reduce load fluctuations occur at any time, because the load has been transferred or has been guaranteed by the insurance.
2. High administrative burden and time problems. This can happen in case of a disaster or accident workers. The company will be busy dealing with workers who get unfortunate, taking care of everything yourself, either hospital affairs and other affairs, while the wheel company should continue as usual. However, companies can avoid such expenses have included insurance if every worker. In this case, of course, the insurance company will take care of everything, so the company does not bear the burden of administration and time wasted.
3. The the HRD company could be in a difficult position, because it would interfere with the activities between running a company and have to take care of the unfortunate workers.
Hopefully the article above, it is no longer the company that has not insure their workers, because the employee is an asset to the company.
May be useful
This is because awareness of the company will experience a variety of problems if not insuring their workers.
Here are some problems that will be encountered if the company does not insure their workers:
1. The Company will bear the brunt of fluctuations affecting the cost of health workers, whether caused by disease or accident workers work itself that is catastrophe or accidents can never be predicted. As we all know that health costs from year to year increase. So it is very important for companies to insure their workers in order to avoid or reduce load fluctuations occur at any time, because the load has been transferred or has been guaranteed by the insurance.
2. High administrative burden and time problems. This can happen in case of a disaster or accident workers. The company will be busy dealing with workers who get unfortunate, taking care of everything yourself, either hospital affairs and other affairs, while the wheel company should continue as usual. However, companies can avoid such expenses have included insurance if every worker. In this case, of course, the insurance company will take care of everything, so the company does not bear the burden of administration and time wasted.
3. The the HRD company could be in a difficult position, because it would interfere with the activities between running a company and have to take care of the unfortunate workers.
Hopefully the article above, it is no longer the company that has not insure their workers, because the employee is an asset to the company.
May be useful
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