Study USA Insurance Unfetters Students Away from Home

Study USA Insurance brings a simple and cost-effective student health insurance plan to the reach of all students studying outside their home country. The Study USA-Healthcare Insurance plan covers both international students studying in the United States and U.S. students going abroad for studies. The plan is specifically tailored to meet the needs of students, and is a comprehensive plan with inexpensive premiums. The premium is as low as $38 per month for students under 24 years of age. There are two levels of coverage—at $250,000 and $300,000 maximum benefit per injury or illness. The plan covers inpatient and outpatient […]

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Gender Parity in Insurance Rates: The Raging Debate

Man and woman may have been created equal, but inequity persists, even at the level of visitors medical insurance. In fact, many health insurance plans, especially long-term health insurance plans, charge a higher premium for women than men. And why is that? Detailed actuarial studies have shown that young women tend to use more medical facilities than young men. After their 50s, though, men tend to use more medical facilities than women, owing to the onset of chronic illness such as hypertension and cardiac problems. Several states have banned the practice of gender-based insurance rates. California banned the practice recently, […]

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Insurance That Follows You Around the World

You’ve just been transferred to your European office—a dream come true for you. However, did you know that your term life insurance may not be valid if you pass on when living in a foreign country? If the unthinkable happens when you are in your new station, how can you ensure that your family stays protected financially? Enter international life insurance with overseas coverage. With a suitable plan such as MNU’s IC+ Term Life insurance, you can receive coverage for up to 10 years. The plan maximum is $2 million, and if you are applying for more than $350,000, you […]

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Insurance Under the Hood: The Underwriting Process

When purchasing visitors medical insurance or travel medical insurance (or any insurance plan, for that matter), you would have seen the name of a company listed as the insurance plan’s underwriter. What exactly does the underwriter do? Let’s find out. An insurance underwriter is the person or company that assesses the typical risk that a plan represents for the company, and how much it should charge for a particular plan. Typically, this figure is arrived at after working with detailed numbers and applying complicated actuarial formulas on them. For example, if you are a 75-year-old man, your risk of claiming […]

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Happy New Year with Loads of Travel with Insurance!

Here’s wishing you a happy new year! Whatever be this year’s resolution—whether to live healthy, or to travel more (or both)—ensure that you include adequate travel health insurance in your resolution. It is the most ignored aspect of travel, unfortunately. A recent survey conducted in Britain revealed that more than half the international travelers went on their trips without insurance. Along with the resolution to purchase insurance before every international trip, also consider the following resolutions: To always adopt clean and healthy practices when abroad. Remember that most infections and illnesses are caused by ignoring basic principles of hygiene such […]

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