Is there any medical test required before we can buy the insurance?
No, there is no medical test required for purchasing any of these policies. You can buy the policies online any time and get coverage from the following day.
Read more »Who/What is the beneficiary (AD&D Beneficiary)?
The Beneficiary is the person who receives the Accidental Death benefit if the Insured dies in an accident while insured under the policy. Typical examples of beneficiaries are your spouse, your children or your parents.
Read more »Is it safe to purchase Insurance online?
Yes. The application forms are in a highly secure ordering environment so you can enroll in the insurance plans with confidence. The insurance providers use Secure Socket Layers (SSL), for transferring information to process your orders. The SSL encrypts, or translates, your order information into a highly indecipherable code, which is processed immediately. You will remain in this secure zone for the entire purchase process.
Read more »What is co-insurance?
After your deductible is met, co-insurance is the percentage of the covered medical expenses that you, the insured person, must pay. For instance, if your health plan has an 80/20 co-insurance rate, your insurance plan pays for 80% of your eligible medical expenses and you are responsible for the remaining 20%.
Read more »I made a mistake in entering my data while purchasing the insurance, what should I do?
You can email us and we will have the changes made to your policy and have a corrected policy sent to you.
Read more »What are the types of deductible?
Per incident deductible: You pay the deductible every time you get a new medical ailment (be it sickness of accident related) before the insurance company pays anything. Inbound USA and Inbound Immigrant from SRI have deductible per incident. Per visit deductible: You pay the deductible every time you you visit a health care provider (doctor, hospital, laboratory etc..) before the insurance company pays anything. Per policy period deductible: You pay the deductible only once during the entire policy period, irrespective of how many times you get sick or injured during the policy period. Annual deductible: You pay the deductible only […]
Read more »What is a deductible?
If your plan has a $100 deductible, you pay the first $100 of expenses and then the insurance company picks up the rest. The higher the deductible, the lower the premium cost and vice versa.
Read more »Should I pay the medical practitioner/organization initially and then get reimbursed or will the insurance company be billed directly?
On purchasing insurance from an American insurance firm, you will receive an insurance card with details about your insurance. When you visit the doctor/hospital, the billing office at the hospital will usually make a photo-copy of your insurance card, call the insurance company to verify your policy, and will then bill the insurance company directly. You will have to pay the deductible amount. In some instances if the medical office has not dealt with this particular insurance company, they might insist that you pay the bill on receiving medical treatment. In this scenario, you would get an detailed bill, which […]
Read more »Can you give an example of my medical expenses with different insurance plans?
This really depends on the policy. For example if your medical bill is $24,000. Scenario 1: After deductible, policy covers up to a maximum of $50,000. Here your expense is the only the first $100 deductible. Thus your final expense is only $100 while the insurance company will cover the remaining $23,900. Scenario 2: Deductible is $100 with Maximum coverage of $50,000. Policy covers 80% of first $5000 then 100% to the policy limit. So your expense is the first $100 deductible followed by 20% of first $5000, which is $1000. Thus your final expense is $1100 while the insurance […]
Read more »How do I find out which doctors are part of a given insurance network?
You can also get this information by calling the toll free number of the insurance company or by visiting the insurance company web site. The toll free number should be on the insurance card that you receive on purchasing the insurance plan.
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