How auto insurance works

 

This article may help you if you're planning to purchase a car or already a car owner but with little knowledge on how auto insurance works.  You have may have heard key words in the auto insurance world such as deductible, premium and so on.  But not many know how to differentiate the different aspects of an auto insurance policy and which one is most suited for you.

Almost all countries require that you have at least a car insurance policy, thus making it a good idea to know what the kind of policy you should have according to the law and what other aspects does the policy cover in case of an accident or an even of theft.

Prior to purchasing an auto insurance, you should consider the factors such as which car do you own, your driving record and how much you’re willing to invest for an auto insurance policy. The basic of auto insurance will make you more aware of the type of policy you need in case of an accident.

We will be covering the basics and discuss about the auto insurance coverage for possible insurance needs.  We will be also analyzing the different prices of auto insurance, and what you need to know the bring the costs down and understand your policy accordingly.

Basically every driver who owns a card needs car insurance, which is a must in most countries according to the law.  When you pay for auto insurance, what you really are paying for is called a policy.  Now your policy will be based on different factors such as which vehicle do you drive, and what type of auto insurance do you want.  Most  of the auto insurance these days comes in packages.

The main factors to consider would be liability, collision, comprehensive, medical coverage, uninsured motorist, underinsured motorist and rental reimbursement.  We will now breakdown these main factors and explain each one of them accordingly.

Liability – This insurance policy pays for the accidental bodily injury and property damages to others.  Injury damages include medical bills, pain and covering your wages if lost.  Property damages covers damaged property and automobiles.  This coverage pays for your law fees and court expenses.  Laws depending on the country determines how much liability coverage you must own, but you can always get more than what is necessary.

Collision -  This insurance policy pays for the damages to your vehicle caused by collision with another vehicle or object.

Comprehensive – This insurance policy pays for the damage or loss to the insured vehicle that doesn’t happen in an auto accident.  The types of damages this insurance policy pays for includes natural causes such as fire, wind, hail, flood, vandalism or theft.

Medical – This insurance policy pays for your medical bills regardless of who’s fault when the expenses are caused by an auto accident.

PIP – Personal injury protection is compulsory in some countries.  This insurance policy pays for the insured driver, regardless of fault, for treatment due to an auto accident.

Uninsured Motorist – This insurance policy pays for car’s damages when an accident is caused by a driver who doesn’t have liability insurance.

Underinsured Motorist – Pays your car’s damages when an auto accident is caused by someone who has insufficient liability insurance.

Rental Reimbursement -  This insurance policy will for a rental car if your car is damaged and is covered by your policy.  Often the insurance company provides a motor vehicle but in case one isn’t available, an allowance is provided for the rental car.

Most insurance policies combine a number of these types of policies.  Before choosing the right one for you it would be best to check the laws in your country first.  You will then be able to determine which type of auto insurance to start with or would need for your vehicle.  It’s always good to check because most coverage isn’t required by your country and extra coverage would mean higher costs.

Mesothelioma Insurance

 

Mesothelioma or, the full name, malignant mesothelioma is a cancer which is very scarce and that develops cells of the mesothelium the protection that covers many of the internal organs of your body.  People who usually get this rare case of cancer have either worked in places where they must have inhaled or ingested asbestos fibers or were exposed to those dust and fibers.  Even holding or washing the clothes of someone who worked with asbesto also creates a risk for developing mesothelioma.

Some signs of mesothelioma include shortness of breath because of the fluid between the lungs and the chest walls being affected, chest wall pain and unexplained weight loss.  To be able to diagnose the malignant mesothelioma it would be based on a chest x-ray and CT scan, but the results must be confirmed by examining serous effusion cytology or with biopsy. 

MESOTHELIOMA INSURANCE OPTIONS

The kind of insurance a patient has often determines the type of treatment available to them. For patients without insurance, health insurance premiums and acceptance are based on a number of factors.

• Current Employment
• Age
• Location
• Gender
• General Health (obesity, smoking, etc)
• Family Health Risks

Health insurance is first categorized as public or private. Public insurance includes any insurance received from the government, such as Medicare or Medicaid. Public insurance is meant to offset hardships that make paying for private insurance impossible. There are public insurance benefits available to many patients with mesothelioma.

 

Types of Insurance

Health insurance is subsequently categorized as group or individual. Group plans are mostly applicable to insurance gained through employment. These are called group plans because an employer negotiates a single premium with the insurance company that becomes available to all employees on the plan. Individual plans, by comparison, only cover one person.

Employer Healthcare

Employer healthcare plans are typically the most desirable because the insurance company does not usually consider an employee’s health status. This is because an employer negotiates a premium with the insurance company on the behalf of all employees under the plan.

Medicare or Medicaid

These two programs are specifically designed to help senior citizens and those who cannot afford healthcare. Since mesothelioma primarily affects older individuals, it is likely that many patients qualify for Medicare benefits. For those who have limited income, Medicaid is available. Visit the Centers for Medicare & Medicaid Services for more information.

State Health Insurance Pools

These insurance pools are another option available to those who cannot get healthcare coverage. These plans help those whose seek coverage after diagnosis, labeling their diagnosis a preexisting condition. The American Cancer Society lists which states these insurance pools are available in, along with contact information.

Private Individual Insurance

These can provide help paying bills. Unfortunately, most private individual health coverage does not cover treatments or prescriptions associated with cancer. Plans like HMO and PPO plans can limit a patient’s freedom when choosing a specialist or accepting special treatment like clinical trials.

Employment and Treatment

Being unable to work or losing a job as a result of being diagnosed with mesothelioma is a major concern for many patients. Fortunately, there are several legal protections for those diagnosed with cancer.

The Consolidated Omnibus Reconciliation Act (COBRA) is one of the primary legal protections for those who can no longer work due to a serious illness. Patients with serious medical conditions normally lose their employer healthcare when they are unable to keep their job or are forced to work fewer hours because they are sick. COBRA allows these patients to keep their insurance.

Other legal protections for those with serious illnesses include the Americans with Disabilities Act, Family and Medical Leave Act, and the Affordable Care Act. These laws provide patients and family members with protection from unfair treatment in the workplace and make better treatment more accessible. Because the Affordable Care Act is a recent development, more benefits are still scheduled to take effect in the future. Being aware of newly available legal benefits is important to maximizing the financial and insurance assistance patients can claim.

Understanding Coverage After Diagnosis

Most people diagnosed with mesothelioma have some form of coverage, but most healthcare plans do not provide full coverage for certain treatments and screenings. Understanding available options for the patient is important to ensure the best possible treatment is received.

Private individual healthcare plans can place limits on access to specialists, so it is important to understand your plan. Traditional private healthcare and point of service (POS) plans usually let patients choose their physician. Health maintenance organization (HMO) and preferred provider organization (PPO) plans either choose a physician or limit patients to a network of doctors.

Employer healthcare plans offer the most benefits because they do not discriminate based on the status of your health. These plans are popular because the financial risk is divided among fellow employees, keeping costs lower than private plans. While these plans are more secure, patients may still be limited in the choice of a specialist depending on the type of group plan they are on.

 

New Coverage for Mesothelioma Patients (Obamacare)

The Patient Protection and Affordable Care Act (also known as Obamacare) provides insurance coverage options to millions of Americans who are uninsured or unable to be insured currently. The bill is beneficial to mesothelioma patients who are currently uninsured because their illness is considered a pre-existing condition. The law makes it illegal for health insurance companies to turn customers away with pre-existing conditions like mesothelioma.

The introduction of this new policy means people are required to be covered under a private health insurance, employer-based insurance, or a public plan like Medicare or Medicaid. Under the act, insurers are no longer allowed to discontinue coverage for patients that receive dire diagnoses, there are no more annual and lifetime insurance caps, and insurers must provide easy-to-understand information to their consumers.

It was estimated that 20% of mesothelioma patients are uninsured. Medical bills for mesothelioma patients have ranged, on average, from $150,000 to $1 million. Uninsured patients pay their medical bills out of pocket or are forced to negotiate with the hospital on their own.

Over 30% of all mesothelioma patients are U.S. Military veterans. The Veterans Administration Hospital provides healthcare to the veterans. Until the Affordable Healthcare act takes effect in 2014, there are different ways that those who are uninsured can receive compensated treatment.

Clinical trials are an option for most mesothelioma patients. Even though they may have to qualify for the study, the treatment is sometimes free and many research groups pay for travel and accommodations. There are some complications that may arise from clinical trials, but many patients have been successfully treated because of clinical trials.

Another option that mesothelioma patients have is to take advantage of legal options and available compensation. There are trust funds set up to help compensate mesothelioma patients who were exposed to asbestos. These trusts have been set up by companies who have knowingly exposed individuals to asbestos products. There is over $30 billion in these funds, all set aside to mesothelioma patients.

Law Degrees

Law degrees has always been one of the most important degrees which has been available worldwide.  This blog post will certainly help assist you in choosing the correct course for you.

There are several types of Law degrees available and they are as follows in alphabetical order:

• Law Degree 
• Bachelor of Civil Law
• Bachelor of Laws
• Bachelor of Science in Law
• Bachelor of Talmudic Law
• Bar Professional Training Course
• Candidate of Law
• Doctor of both laws
• Doctor of Canon Law
• Doctor of Civil Law
• Doctor of Juridical Science
• Doctor of law
• Graduate Diploma in English and Hong Kong Law
•  Ijazah
• JD-MBA
• Juris Doctor
• Legal Practice Course
• Legum Doctor
• Licentiate of Canon Law
• List of Master of Laws Programs
• Magister Juris
• Master of Business and Law
• Master of European Law
• Master of Jurisprudence
• Master of Laws
• Master of Studies in Law
• Postgraduate Certificate in Laws
• Pre-law

 These different degrees posted will be explained later on as this post is just an overview of the type of degrees available.

Now choosing the correct Law Degree for you would depend what your career path would be.  A good example would be there are many graduates per year with a fresh Law Degree but Law firms have reduced trainee contracts and some other firms have decided to end the trainee programs available at their firm to directly hiring good prospects instead.

You definitely have to read a lot when going into the law field mainly because you have to know about different cases and that would mean spending a lot of time at your local library or any other institute providing law information.

As much as reading is important, working at your level best is much as important as well.  Without your time and dedication you wont be able to attain your goal of getting a law degree.  You will have to know how to organize your schedule as it is really important to be organized and efficient.

At Law school you will be having competition from other students, it all which teaching curve is being used at your school.  You will have to be able to work as a team and not try to something for your advantage, this will help you a lot in the future.

Learn to manage your costs for study materials such as book as your Law school is already going to cost a fortune and will completely drain your expenses.  Be wise when spending money and always choose the study materials that would be useful to you.

I certainly hope these few tips will be able to assist you in choosing a law degree and I wish you good luck in your future endeavors.

How to choose a health insurance plan

Today we'll be focusing on choosing the idea health insurance plan for you.  Health care can be quite costly these days, be it having a baby or staying at the hospital.  This is where Health insurance comes in, it helps reduce the expenses by sharing the risk with other people.  You must be thinking how is it possible to share the risk, it is possible because most people are mostly healthy most of the time, only the small numbers of people getting injured or sick get the premiums.


What does a medical insurance plan cover?

Health insurance before was based on different separate plans before the health reform.  Which means if you were sick and had to go to the doctor i.e doctor visits was a separate plan.  Having received prescriptions would require to have another plan so that you could get your prescriptions with medical insurance.

The new health reform has changed this issue combining different factors and putting them in all in one health insurance package.  Therefore you didn't need multiple health insurance for yourself but reap the benefits of having them all into one single medical insurance.


How much would a medical insurance plan cost?

There are two ways in which you can play for your medical insurance plan.

1.  The monthly payment that you pay to get your plan.
2.  Shared costs when you get your medical bills.

There are multiple plans available, I will be writing a few reviews of ones which you should consider before choosing a medical insurance plan.

How to choose your university?

I will be giving you a brief information on top universities around the world and what factors to consider before choosing one.

First of the list of top universities are as follows:

Massachusetts Institute of Technology (MIT) United States

Harvard UniversityHarvard University United States

University of CambridgeUniversity of Cambridge United Kingdom

UCL (University College London) United Kingdom

Imperial College London United Kingdom

University of OxfordUniversity of Oxford United Kingdom

Stanford UniversityStanford University United States

Yale UniversityYale University United States

University of ChicagoUniversity of Chicago United States

California Institute of Technology (Caltech)California Institute of Technology (Caltech) United States

Princeton UniversityPrinceton University United States

ETH Zurich (Swiss Federal Institute of Technology)ETH Zurich (Swiss Federal Institute of Technology) Switzerland

University of Pennsylvania United States

Columbia University United States

Cornell University United States

Johns Hopkins University United States

University of Edinburgh United Kingdom

University of Toronto Canada

Ecole Polytechnique Fédérale de Lausanne Switzerland

King's College London (KCL) United Kingdom

McGill University Canada

University of Michigan United States

Duke University United States

National University of Singapore (NUS) Singapore

University of California, Berkeley (UCB) United States

University of Hong Kong Hong Kong

Australian National University Australia

Ecole normale supérieure, Paris France

Northwestern University United States

University of Bristol United Kingdom

The University of Melbourne Australia

The University of Tokyo Japan

The University of Manchester United Kingdom

The Hong Kong University of Science and Technology Hong Kong

Kyoto University Japan

Seoul National University South Korea

University of Wisconsin-Madison United States

The University of Sydney Australia

The Chinese University of Hong Kong Hong Kong

University of California, Los Angeles (UCLA) United States

Ecole Polytechnique France

Nanyang Technological University (NTU) Singapore

The University of QueenslandThe University of Queensland Australia

New York University (NYU) United States

University of Copenhagen Denmark

Peking University China

Brown University United States

Tsinghua University China

University of British Columbia Canada

Ruprecht-Karls-Universität Heidelberg

Factors when choosing a university:

Since there are many universities to choose from, you should be clear in your mind what your expectations and goals are for yourself.  Once you have that clear in your mind you will be able to choose from a narrowed list of University for your further studies. Keep in my your goals and ambitions as that would be more to your advantage.  You wouldn't want to do something you don't like now would you?

The main factors you should be considering are the campus, what majors does the university provide, how the admission process goes by, attendance and the cost of the course you plan on attending, how reputed the university is.

This brief overview will be able to guide you through your first admission.  A more detailed post to come soon.

Education and Insurance is it important to you?

This is going to be my first blog post on the website, hopefully there will be more to where that came from.

First thing is first why Education and Insurance?  You might think that it's not important nor essential to get the education and insurance that suits you but one day or the other you will be realising how important education and insurance is to you.

I have dedicated this blog into writing about both education and insurance and share the knowledge I possess about the two and pass it on to others.

Well all know about the different level of education i.e Primary, Secondary and Tertiary.  The one we will be focusing on this blog is Tertiary because most countries these days already provide proper primary and secondary education to children around the world.  We will find out which University you should be attending and why you should be attending it.  It all depends on the field of work you want to enhance your knowledge.

The next factor we will be focusing on is Insurance, you must be thinking why Insurance.  I will be telling you why because I was just like everyone else thinking that Insurance is something I don't need have or wouldn't want to know about and then later on I realised how it really helps you and I will be guiding you to choosing the insurance plans that suits you.

I certainly hope that this brief introduction has given you a proper overview about what the blog would be about and I definitely would like to hear from you guys about your feedback and what you think about the information for your benefits on the website.