Why Should I Purchase OPT Insurance?

OPT health insurance may seem like an extravagance in today’s scenario, but consider it an investment well made. There is no law as yet that requires you to have health insurance while on the optional practical training period. Plus, it might seem like you are hale and healthy, and don’t really need insurance. Remember, though, that the basic principle of insurance is to protect against unfavourable situations. And falling ill when a student certainly falls into that category. If you think that OPT insurance is an expense you can ill-afford as a student, consider the following factors. Not having OPT […]

Read more »

Assurant Insurance Coverage for Those In-Between

The economy is sure looking up but for those who have borne the brunt of the recession, short term health insurance may still be the best option for healthcare financing. There are several short-term health insurance plans available in the market, including Assurant’s Short-Term Medical. The plan may provide just the coverage you need. The plan is part of Assurant’s network of health insurance plans, and is ideal for coverage of less than six months, with no pre-existing conditions. To be eligible for the plan, you must be less than 65 years old and your dependents must be under 18 […]

Read more »

Buy Low-Priced Insurance to Avoid High Sticker Shock!

Parents of U.S. citizens often ignore the need for visitors’ health insurance when visiting the United States. If a parent has made a couple of trips to the United States with insurance and has not made a single claim, it might be very tempting to forego insurance on a forthcoming trip. The risks, however, are too huge and real to take. Let’s take the imaginary case of Mr. Paul Belowski. He figures that with his heart ailment, he might not be able to get coverage for any ailment, and goes without insurance. He ends up with an eye infection, something […]

Read more »

Faster, Higher, Swifter with Extreme Sports Insurance

If you’re passionate about rock climbing, and have tickets booked for the awesome rock formations of Wharepapa, you’ll need more than the benefits offered by a regular travel insurance policy. You’ll need sports travel insurance that will cover injuries or accidents arising out of your rock climbing. The Patriot Extreme plan is one such plan specially tailored for extreme sports enthusiasts traveling abroad. Two plans—Patriot Extreme International, for U.S. citizens traveling outside the U.S., and Patriot Extreme America, for non-U.S. citizens traveling outside their home country—make up the Patriot Extreme offering. The plan is a comprehensive benefit plan, and carries […]

Read more »

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 […]

Read more »

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, […]

Read more »

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 […]

Read more »

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 […]

Read more »

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 […]

Read more »

Insurance for Au Pairs Child’s Play

The Von Trapps may be the most famous children who had a governess, but have you ever wondered whether Maria had adequate au pair insurance or nanny insurance? It might not have been a priority then, what with the World War going on, but if you were to bring an au pair, babysitter, or nanny to the United States today, you must ensure that she/he has a valid visa, and adequate insurance. Au pairs typically enter the United States on a J1 visa, the rules for which are laid out clearly. The prospective au pair needs to gain employment through one […]

Read more »