Fly High with Flight Insurance

Here’s a cure for pteromechanophobia—flight insurance. The symptom itself may sound complex, but it’s a common symptom, and you probably know it better as “fear of flying.” Some estimates peg the number of people who suffer from a fear of flying at 40%. The number of travelers who fear flying is increasing, and this is no coincidence. Several recent flight accidents have exposed the inherent risks involved in flying. Airline flight insurance is insurance that covers a person for loss of life, limbs, or sight, in addition to trip cancellation and baggage loss benefits, as the case may be. Plans […]

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Health Insurance Tips for the Young and Restless

Health insurance reform is on everybody’s lips these days. When the White House called the nation’s largest health care insurance company executives for a meeting, the conversation focused on the increasing cost of health insurance in the U.S. Health insurance executives maintain that the increase in health insurance premiums is mainly due to a population whose young and healthy are shunning insurance, and rising costs of health care itself. The White House reportedly asked the insurance executives for more information justifying premium increases. While the health care debate is in full force, it is no secret that the insurance executives […]

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Marine Crew Insurance That Holds Water

If you’re a member of a marine crew, you might have heard of marine crew insurance. Your employer might provide you with a suitable plan, but it is always best to check whether you are adequately covered for your situation. Several yacht crew insurance and marine crew insurance plans are available in the market to choose from. Marine crew insurance plans usually offer worldwide coverage, which includes coverage at home and abroad. Coverage depends on whether the medical treatment is received abroad, at home within the medical network specified by the plan, or at home outside the network specified by […]

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Mechanics of International Student Insurance

Life may be the greatest education of all, but U.S. colleges must come in pretty close, with the U.S. being the top destination for international students! One thing to remember when studying in U.S. colleges and universities is that international student insurance can make or break your life. Most U.S. colleges offer sponsored international student health insurance. In many cases, a student is automatically enrolled in the college-sponsored plan unless he/she opts out of it. To opt out, an international student usually has to demonstrate comparable insurance from another source. There are several student health insurance plans available, that satisfy […]

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Saving More with Green Travel

Green travel is the new buzzword these days and several destinations are beginning to realize the value in preserving the environment along with providing an awesome travel experience. Does this really affect the costs of international travel, which includes travel insurance policies, accommodation, and airfare? The general idea is that having an eco-friendly holiday means minimal damage to the environment, but maximum damage to the purse! This is fast becoming false, as the volume of eco-friendly tourism increases. The past decade has seen a nine-fold increase in eco-tourism. Airfare, probably the largest chunk of your travel budget, will still need […]

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Planning Your Own Short Term Insurance

Selecting a short term health insurance depends on the deductibles and the coinsurance you choose. In most plans, you can vary your insurance premium by selecting appropriate deductibles and coinsurance amounts. The deductible decides the amount of premium that you will be paying for the insurance. The premium also depends on the coinsurance, or the amount that you will have to pay for the first $10,000 (or the plan’s coinsurance maximum) in covered charges. If you want to pay a lower premium, this would mean that the initial amount (coinsurance) that you pay before insurance benefits kick in will be […]

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Insurance Helps U.S. Visitors Make Smart Choice

When travelers think of a trip to the United States, there are usually two reactions, both of which have to do with visitor health insurance. Do any of your friends or relatives think this way? A person either thinks that if he/she falls ill, then the cost of healthcare will wipe out their finances and so, a trip to the United States is not a good idea. At the other end of the spectrum are people who believe that positive thinking will work wonders, and that nothing will happen to them; so they travel to the U.S. without any protection. […]

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Spreading the Risk: Basics of Insurance

While all of us have or want to have some type of health insurance, be it short term health insurance, visitors insurance, or comprehensive long term insurance, we rarely wonder about how insurance actually works. Let us look at some of its basic principles. The rationale behind insurance is the minimizing of risk. It corresponds to Man’s needs to keep most of his life planned and taken care of. While insurance does not prevent the actual event from occurring, it takes care of the financial impact of the event. How insurance accomplishes this is by the transference of risk. The […]

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Longer Lines for Short Term Insurance

In a sign of the times, companies are expanding their short term health insurance coverage. Several companies have recently announced the extension of their short term health insurance plans to other states where they were not present earlier. This indicates a trend toward short term coverage for people who are out of a job, and so, do not have long-term health insurance. Trends also indicate that more people are moving from being uninsured to purchasing short term health insurance. While this is a healthy trend, it is best to purchase short term insurance as soon as earlier coverage ends. Having […]

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An Insurance in Time Saves You From Shocks!

When Peter Davidovic entered the United States to visit the country, he didn’t think about getting any visitor medical insurance. He was in the prime of life, and had traveled widely before. There was no way he would get ill, he figured. Peter’s trip was only for a week, and he thought he might be able to get back home on time even if he did fall ill, by some chance. He only purchased accidental death and dismemberment coverage. It’s not that Peter fell ill; it’s just that he was on the receiving end of a particularly gruesome accident. Since […]

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