Ten of Life Insurance

All policies fall into one or two camps. There is a policy or a pure term insurance cover. There were several variants of the whole life, combined with a pure investment product with term insurance and make a cash value. Insurance is sold, not bought. The agents selling insurance products sometimes by exaggerating the product, because they expect high commissions from sales of life policies. In addition the level of competition in the life insurance industry is also more stringent. Whole life is expensive. Policy with an investment component cost...

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Student Health Insurance in Australia and Canada

Australia has a special system of health insurance for international students called Overseas Student Health Cover (OSHC). When we are studying in Australia, then we need to buy OSHC before we come to Australia, to protect our health insurance since the day of arrival. The Department of Immigration and Citizenship will require the students to still have OSHC as long as living and studying in Australia on a student visa. When our institution already have agreements with certain providers of OSHC, so we can choose to use the OSHC with this institution,...

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Important Things in Selecting Health Insurance

Health insurance can be a safety tool when we are sick in order that we are not worried about the cost medical care. Therefore, we need to enrich ourselves with the types of health insurance in accordance with the expected protection. Health insurance continues to grow, there is a change fee of critical illness, insurance for the early stages of critical illness, or the only guarantee of hospitalization alone.When completing the health insurance plans, every person should ideally have health insurance, including the children because of their tends...

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PREVENTING THE FRAUD IN HEALTH CARE INSURANCE

Principally, the insurance business is a business based on trust. The trust was among the participants of insurance or consumer to a physician or Health Care Providers. Trust between the participants of the insurance company that has been agreed that the benefits will be actually obtained by health care insurance participants. Yet, it often also cause imbalance because the insurance company that determines all the provisions that must be followed by the participants. Trust also among the insurers against the Health Services Providers in the hope...

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FRAUD IN HEALTH CARE INSURANCE

The increasing of the awareness of people in using health care insurance, also raise the bad action of parties to try obtaining the maximum benefit in the process of health care insurance. Because of the desire to obtain such benefits then there are inevitable occurrence to do the action that are not in accordance with the applicable provisions or fraud or abuse in health care insurance practices.Based on the experience of health insurance companies in the United States, fraud and abuse in health insurance can reach 10% of the total health care...

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