Monthly Archives

November 2015

Insurance Cover

3 Common Times Where You’ll Need Insurance

When people think about insurance all they think about is car or home insurance. But, there are other instances where you might need insurance. So, here are three common times where you’ll need insurance:

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If You Get Injured

Health insurance is one of the most common forms of insurance out there. And, it’s one of the most important. If you don’t have health insurance, you might not be able to get medical treatment. Say you get injured and go to a hospital, they can’t do anything if you haven’t got insurance. Also, health insurance will cover the costs of any treatments you have. If you need an operation, your health insurance provider will pay for it. Similarly, it comes in handy if you get injured and need physiotherapy. A physio will still help someone without health insurance, but it will cost you. You’ll have to pay for the treatment with your own money. Whereas, if you have health insurance, all treatments will be paid for you. It’s very useful and, I would say, essential that you get health insurance if you don’t have any.

If You Have A Pet

Some people don’t know this, but you can get insurance for your pets! Why would you need this? The same reason you get insurance for anything, as a safety measure. If your pet hurts or injures someone in any way, you’ll be held liable. It doesn’t matter if you weren’t there at the time; the person will be allowed to sue you. So, insurance can help cover the costs of any lawsuit, meaning you don’t have to spend money. If you have a dog, it’s recommended you get pet insurance for them. There’s always a risk that your dog could bite someone by accident. Another high-risk pet is a horse. Horses are big, and it’s easy for them to, accidentally, hurt someone. You’ll need specific insurance from a horse insurance company if you want to keep yourself safe. It’s always handy to have pet insurance, just in case the worst does happen.

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If You Own A Business

If you’re a business owner, you’re going to need business insurance. Insurance like this will help protect your business from many things. You can get some that will cover you if someone gets injured on your premises. All it takes is for someone to bang their head or slip over, and they can sue you. With some business insurance, you’ll be covered if this does happen. You won’t have to pay the person any of your money. There’s also insurance that helps protect your property and everything in it. Get some that will insure your office in case it gets broken into or destroyed. If your office gets destroyed in some way, and you lose stuff, the insurance company will pay for new things. Running a business without insurance isn’t a very clever idea.

So, these are three examples of when you might need insurance. In my opinion, it’s always worth getting insurance, just to be safe. No one can predict the future, so it’s better to be safe than sorry!

 

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Insurance Policy

What Does Your Health Insurance Policy Cover?

When we take out health insurance, many of us make the mistake of thinking that every illness or accident is covered. However, that isn’t always the case. Often, the small print outlines a range of conditions and situations where the company will be exempt from covering you.

Knowing what your health insurance policy includes is important. As if it doesn’t include everything that you need it to, you need to know. Even if your have a ‘comprehensive’ policy, that doesn’t mean that every medical condition is covered. So it’s important to spend some time working out exactly, what is covered by your policy.

Health Insurance Policy

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To help you better understand what is covered under your health insurance here’s what you need to do.

Read your policy details

The simplest way you can find out what is and isn’t covered under your plan is by reading the details of your cover. These details would have been sent to you when you first took out your policy.

Locate your policy details and spend some time reading through them. Note down any conditions that you come across that aren’t covered, so that you can ask about these. It’s important that you read through your policy details before you need a medical bill covering so that you know what your insurer will pay for.

Find out if preventive care is covered

Many insurance companies fail to tell you, but don’t cover preventative medical care. Preventative medical care is tests that can detect illnesses and diseases early.

Having these covered on your health insurance is important, as it means that you can keep on top of your health, without worrying about the cost. If you are unsure as to whether these services are covered, it’s a good idea to contact your insurer.

Discover whether mental health treatment is included

Health Insurance Policy

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Many health insurance plans don’t cover treatment for mental health problems, such as depression. Mental health issues affect one in three people, so it’s worth finding out whether treatment is covered by your insurer.

It’s best to ask these questions earlier rather than later, so that if you should need medical care, you know you have access to it. For example, if you were to become addicted to alcohol, you wouldn’t want to have to find out if insurance covers your rehab. You would want to know that it did, so that you could get yourself the help that you needed quickly.

Call your insurance company to discuss your policy

If there is anything that you are unhappy with about your policy, call your provider. Get in touch with your insurance provider and discuss your policy with them – you can ask to add certain conditions on, should you want to.

It’s easy to presume that your insurance policy covers every illness, but that’s not the case. Take the time to find out exactly, what your policy does and doesn’t cover. So that you know what medical expenses you will have to pay for, if you ever need medical treatment..