• 28
  Oct
  2009

• dental insurance in worldwide coverage

  
  Filed Under: FAQ
  Author: Guest

Q: i would like to ask if dental insurance is covered in the international insurance

A: Many of the international insurance plans have the additional option of dental insurance. After you get a quote you will see the option of adding dental insurance on some of the plans. Please call us at 877 593 5403 to learn more

• 28
  Oct
  2009

• Student Insurance Doesn’t Find Place in New Reform Bill

  
  Filed Under: Blogging
  Author: Blog Writer
  0 comments, add yours

A new report released by the Lookout Mountain Group, a non-partisan group researching impact of healthcare reforms on students, says that the new healthcare reform proposed by the U.S. Senate has left out college and university-sponsored health insurance plans, which may leave a huge gap in student health insurance coverage. College insurance plans now offer international student insurance as well as plans for American students.

The healthcare reform bill, which is being considered by the Senate, classifies insurance plans into employer-based group plans and individual plans. College insurance plans do not fall into either category, the group notes. This might result in more students opting for “emergency only” insurance or going without insurance, both of which are dangerous.

However, several short-term health insurance plans are comparable in coverage and cost to college-sponsored health insurance plans. While it is not clear what benefits international students can expect under the new healthcare reform bill, options for insurance abound under the current scenario itself.

When looking for insurance outside the college, students must look for benefits such as regular check-ups, a wide PPO network, coverage for mental health and chronic conditions, as well as an A.M. Best rating of A or A+. This must be in addition to the emergency medical treatment benefits of the plan. Going without insurance should never be an option.

• 27
  Oct
  2009

• Plusses and Minuses of Surplus Insurance

  
  Filed Under: Blogging
  Author: Blog Writer
  0 comments, add yours

When you approach your insurance agent with specific insurance needs— yacht crew insurance needs, for instance—he may sometimes refer you to surplus line policies. Surplus line policies refer to special policies obtained through brokers when the requested policy is not available through companies licensed in your state of residence. They are used in situations where admitted insurance carriers do not provide comparable insurance.

Buying surplus line insurance is legal, but it is much less regulated than insurance companies. Your agent can only suggest surplus line coverage after checking that similar coverage is not available through any admitted insurance company.

The main advantage of using surplus line insurance is in case of unique insurance needs. Surplus line insurance differs from state to state, and mainly consists of business insurance where the risks are deemed too steep for admitted insurance companies. It is usually a last resort for most agents. Surplus line coverage can only be obtained through agents or brokers who are licensed to conduct business with non-licensed carriers.

The disadvantages in using surplus line insurance are many, but the primary one is the lack of any guarantee in case of non-payment of claims, or in case of the company going bankrupt. They are not covered by the Insurance Guaranty Association. It is always better to look for similar options with licensed and reliable insurance carriers whose policies are underwritten by reputed companies such as Lloyds of London and AIG.

• 26
  Oct
  2009

• Insurance Helps Enjoy Peaceful Time as Expat

  
  Filed Under: Blogging
  Author: Blog Writer
  0 comments, add yours

Living as an expatriate in a different country lets you experience a country in-depth and closer than you would as a tourist. But that also means that you might live in a foreign country for an extended period of time, and part of that situation is medical care. Adequate international medical insurance is necessary for all expatriates, no matter where they are from.

Unless specified by their companies or organizations as a short stint of less than six months, expatriates must protect themselves with adequate insurance. The plans must not just include typical short-term benefits such as medical evacuation and emergency care, but also routine medical care, including regular prescriptions and pregnancy.

Plans for dependents are critical, as medical bills for children can add up quickly. Babies are particularly vulnerable to infections that their bodies have not been exposed to. If, as an expat, you will be driving a car, remember to purchase adequate auto insurance as well. If your company will take care of your insurance, check the benefits and fill in any gaps with additional insurance.

Also remember to purchase adequate international travel insurance if you will travel to other countries as an expat. Being an expat can be an interesting and eye-opening experience; be ready to embrace it fully with adequate insurance!