Archive for the ‘Insurance’ Category
Friday, November 27th, 2009
synchronised asked: I am a non-US citizen and need this information to do a case.
Specifically:
1) Is health insurance compulsory for everyone?
2) What happens if someone cannot afford it?
3) In the event that a medical procedure needs to be done, does health insurance cover all the bills? Does the patient need to pay anything extra?
4) Does the patient have any say over what kind of procedure he can take? Say if 2 treatments are available for his condition, can the patient choose the more expensive treatment? And if so, is it covered by the insurance?
Thanks for reading this. Your help in answering any part of the questions would be greatly appreciated!
Thanks to those who have responded so far.
I would like to further ask:
Does a health insurance contract state that it will only cover the normal rates for a procedure? For eg. if there are 2 possible treatments for a disease, 1 of which is more expensive but more effective than the other, will the patient only be covered by the LESS expensive one?
Or is it a case in which the patient can opt for the more expensive one and top-up the difference?
This is a crucial question to my understanding the case. Thanks!
Tags: Case Thanks, Citizen, Insurance Cover, Medical Procedure, Patient Need
Posted in Insurance | 3 Comments »
Friday, November 27th, 2009
charisse asked:
What is the best health insurance and life insurance policies? I am recently out of the military and need to purchase an individual health ins policy. However, I am not sure which ones are the best. I am a student, do they offer any good student policies? Also, is the SGLI to VGLI conversion a good change to make? If not, which is better term or whole life insurance policies?
Tags: Conversion, Health Ins, Health Insurance, Student Policies, Whole Life Insurance Policies
Posted in Insurance | 8 Comments »
Friday, November 27th, 2009
dudefornow14 asked: 1: What is the type of insurance that covers bodily injury and property damage to others?
liability
uninsured motorist
comprehensive
collision
2: What is the type of insurance that covers you when you are injured by a hit and run driver?
liability
uninsured motorist
comprehensive
collision
3: Insurance is based on the concept of ________ and __________
profit and loss
risk and loss
risk and return
profit and cars
4: Which type of insurance is usually required if you finance your car purchase?
Medical Payment Insurance
Towing Insurance
Rental Insurance
Collision and Comprehensive Insurance
5: Which of the following is not a way that a teenager can save money on insurance?
Getting on his or her parents’ policy
Getting good grades
Driving penalties
Driver experience
6: Accidents that must be reported are ?
those that caused minor damage or harm
those that have been fatal
all accidents.
Tags: Bodily Injury, Insurance, Money, Risk And Return, Risk Return
Posted in Insurance | 2 Comments »
Thursday, November 26th, 2009
TINKY TOT asked:
I need some cheap full coverage car insurance if you know a company that has cheap rates let me know please!
Tags: Car Insurance, Cheap Car, Full Coverage, Insurance, Insurance Rates
Posted in Insurance | 8 Comments »
Sunday, November 22nd, 2009
Nathan asked:
Under Obama’s health plan, insurance can’t be refused because of a pre existing condition (at least that’s what I heard). How would that work? Why would anyone get insurance before getting sick? How would that not bankrupt the companies?
Tags: Health Insurance, Insurance, Insurance Companies, People, Pre Existing Conditions
Posted in Insurance | 3 Comments »
Thursday, November 19th, 2009
Twig asked:
I want to start an insurance company, but I need to know what kind of insurance I need to purchase for my own company. I have done research and can’t find this. (Please do not tell me how to start one, or anything else besides what insurance I need, if any.)
Tags: Company Insurance, Insurance, Insurance Companies, Insurance Company, Own Company
Posted in Insurance | 3 Comments »
Thursday, November 19th, 2009
ZeeZee asked: As a small business, I’m finally getting around to looking at business insurance. God forbid I should get sued, but that would be the only reason I would get insurance at this point.
If I get sued (assuming I did nothing wrong that would terminate coverage), what are my responsibilities with regard to paying legal fees? What role will the insurance company play or what control will they have in the litigation process?
Tags: Business Insurance, God Forbid, Insurance Company, Nothing Wrong, Small Business
Posted in Insurance | 4 Comments »
Wednesday, November 18th, 2009
lauritaingp asked:
I understand the basics of insurance. That is the transfer of risk. That insurance companies bet on getting more in premiums than they have to pay out in claims. What I’m trying to understand is, how deeply insurance, our ability to purchase it, affects our economy. Please if you could give me some answers regarding this or point me to a site where I can find more information it would be great.
Tags: Bet, Economy, Insurance Companies, Premiums, Risk Insurance
Posted in Insurance | 6 Comments »
Wednesday, November 18th, 2009
John asked:
How long can you wait to notify a insurance company about a potential claim?
You know how an insurance tell there clients that they have to report a claim(personal injury/premise liablity) or something. Most insurance policies have a requirement that your notify the insurance company of any potential claim within a very short period of time after the incident occurs. I live in NY. How long can you wait to tell them? How much would that short period of time be? Landlord have been recieving letters frommy lawyer and he havent sent them over to his insurance company. This been going on since May 1st of this year. Can the insurance deny him coverage?
Tags: Insurance, Insurance Coverage, Insurance Policies, Landlord, Period Of Time
Posted in Insurance | 2 Comments »
Sunday, November 15th, 2009
Bree Bree asked:
I would like to purchase renter’s insurance and would like to know some good companies, with good rates and coverage. Thanks! Best Answer received 10 points.
Tags: Company Insurance, Good Companies, Insurance, Insurance Company, Renter S Insurance
Posted in Insurance | 4 Comments »