Sickness is usually defined in disability policies as illness or disease that manifests itself while the policy is in force. This definition covers mental as well as physical illness, but most policies limit payments for mental illness and drug- or alcohol-related disabilities to two years of benefits. Some policies have exclusions for disabilities caused by pregnancy, war, and self-inflicted injuries as well as other exclusions. All of the...more
Remember to always be a safe driver. It might seem like a silly thing to do but keep in mind that your rates are dependent on your driving history. Try to manage small problems on your own since the insurance company will also look at your claims history to determine your risk.A Guide to Finding the Cheap Insurance Policies By: John Miller About the Author Read full article about how to find cheap insurance policies. ...more
The return-of-premium rider might appeal to you if, like most people, you don't believe that you will actually become disabled, but you are buying a disability policy just in case. The return-of-premium rider entitles you to get back the premium money you pay in the event you don't need to use the policy benefits. Depending on the type of rider you choose, you will get either a portion of the money back at certain ages or after a certain number of years, or all of your money back at age 65 when the rider expires. Any claims payments made to you will reduce the amount of premium that you get back. Also, this rider will substantially increase your premium. Because of this rider's high cost and limits on potential premiums return, you should be wary as it may not be the best value for your premium dollar.Beyond the Basics: Disability Income Insurance Riders By: beamalife About the Author Written byTerm Life Insurance Quotes | Term Insurance Quote : BeamaLife (ArticlesBase SC #3653092) Article Source: http://www.articlesbase.com/ - Beyond the Basics: Disability Income Insurance Riders more
The application form usually outlines the procedure to follow in the event your application is denied, and you want to appeal. Or, you can ask your agent or broker to explain what you can do to appeal. If you believe the company denied your application due to erroneous information that it received, you can write a statement explaining why you...more
Busy people appreciate their insurance agent New York. This person saves them time, money and gives direction on how to maximize coverage and reduce premiums. This specialized agent knows the insurance business inside and out and makes three suggestions that benefit clients. The first suggestion covers the coverage needed for each individual or...more
Russia Insurance Market Intelligence "With the disintegration of the Soviet Union, the Russian insurance market witnessed several changes and a gradual development of market-oriented policies was recorded. The Russian insurance industry can be classified into life and non-life business, with the latter dominating the market on account of the compulsory medical and motor third-party liability insurance. Moreover, the voluntary property insurance has also added to the growth of the non-life sector in the country. The life insurance segment, on the contrary, has seen a significant fall since 2004. Growth in the overall insurance industry mainly came from the expanding economy, improving living standards, investment in non-life products, due to increasing investment in real estate and ownership of automobiles.With the economic liberalization, the Russian insurance industry has witnessed an increase in private players, in both life and non-life segment. However, government policies, like the recent capital requirement policies for both life and non-life business units, have caused a fall in the total number of insurance players in the Russian market. Overall, at the end of 2008, there...more
Romania Insurance Market Intelligence "The insurance industry of Romania has been growing at an impressive rate. This growth was broadly based on overall economic growth of the Romanian economy. Rise in the employment rate, along with the rising...more
Poland Insurance Market Intelligence "The insurance industry of Poland has been recording astounding growth on account of the growing economy and developing industrial, construction and services sector. The growth registered in the premiums during...more
Kazakhstan Insurance Market Intelligence "The insurance industry of Kazakhstan has witnessed a strong growth during 20012008, in local currency terms. The increase in premium growth over these years was mainly on account of the reforms initiated by...more
Hungary Insurance Market Intelligence "The strong growth of the Hungarian insurance market is evident by the fact that it more than doubled from 2000 to 2008 in the local currency. The most important development in the Hungarian insurance sector is...more
Incapacity Income insurance is one thing that almost all young professionals never suppose about. It's difficult for many young folks to perceive the requirement for Incapacity insurance as a result of the thought of becoming disabled almost seems...more
Czech Republic Insurance Market Intelligence "The Czech insurance industry has been growing at a notable pace since the early nineties, mainly because of government reforms, increasing income, and household expenditure in non-food categories, demand...more