Me & My Family
Each year more people claim on their insurance for private medical treatment. The number , sophistication and costs of treatments to improve quality of life are increasing steadily. Likewise the sophistication and complexity of tests used to diagnose illness and injury are also increasing. Such tests are becoming far more widely available in private hospitals and diagnosis centers. Your choice of cover will affect what you pay: paying an excess ( in other words paying part of a claim yourself), choosing a different grade of hospital accommodation, choosing to receive a treatment at a specified hospital……There may also be other factors that affect your premium; as people get older they are more likely to need and receive medical treatment which means that private medical insurance premiums will usually increase with age to reflect this. You might be asked to fill in a form or medical history declaration, where you would be asked to provide details of your medical history. Your application form, or any declaration you make to your insurer is very important. In fact it forms the basis of your contract with your insurer. It is essential that you give all the information you are asked for. If you are not sure whether or not to mention something it is best to do so. Personal information (especially medical details) will be treated with absolute confidentiality.
Let us guide you through
How do I chose the right cover?
Do know the rules
Each health insurance plan has its rules and requirements . Make sure you know and follow them. Failing to do so can cost you .
There is a large variety of schemes available- from low cost schemes offering limited cover to those which offer wide-ranging cover and benefits. You will need to decide what sort of cover you want. There are number of things you will have to consider.
– Financial limit v/s number of days spent lifetime in a hospital room.
– Large or limited network.
– Do you want a choice of hospitals, or would you be satisfied to receive any treatment that you might need in a hospital available from a limited range chosen by your insurance company?
– In bed patients and ambulatory service.
Medical history declaration: it is essential that you give all the information you are asked for. If you don’t, you may find that your insurer may refuse to pay any claim related to a preexisting case, or may cancel your policy. If you have a medical condition which is likely to come back, the insurer will issue a policy, but that condition ( and any related to it) may not be covered, either indefinitely or for a set period of time.
Your insurance policy is a yearly contract and not a lifetime agreement, so should you decide upon expiring of the contract to change to a new insurer make sure that you :
– Declare all chronic cases .
– Secure a flawless transition on expiring date.
– Obtain and secure continuity of coverage for all members on previous policy.
– If you benefit from Guaranteed renewability, dont jeopardize it.
– Work with a licensed broker.
– Find a plan that meets the needs of current employees.
– Ask your broker to provide you with a guide on how to use your insurance policy. He will give you invaluable hints.
Medical expenses abroad , medical repatriation, loss of luggage, delay or cancellation of your flight …….. : for a peaceful trip abroad, don’t forget your travel insurance policy.
We propose several travel insurance plans whether for one or several trips during the year, for business trips or holidays, for groups and families.
Anyone who has flown on a commercial airline has heard the attendants give this safety message : In the event of a loss of a cabin pressure, oxygen masks will appear; please put your mask on first and then assist a child sitting next to you. The simple message is that unless you have oxygen, you won’t be much help to your kids.
The same thing goes for your financial security. Don’t put your retirement savings on hold for any reason. Plan your retirement, start young. When you are in your twenties just starting your career, retirement seems a lifetime away. It’s never too soon to start saving.
For many young workers just starting off in the workforce, fresh out of school, retirement is probably the last thing on their mind. The most urgent financial issue can be paying off credit card debts and getting a reliable new car. The truth is that you cannot afford not to save for your retirement. Start small and contribute to an investment plan and increase your contribution every time you get a raise. Contact our offices and we can help you plan for your retirement.
The cost of quality education can run in thousands of US Dollars and as a parent you want to provide the very best for your children. You can start saving towards the type of education your child deserves by contacting our offices and letting us provide you with a tailor made solution.