Pain is one of the risks of life that can not be predicted. Everyone’s experienced it, but no one knows when the disease will arrive. When we are sick, especially when treated in hospital, would need a huge cost. Not to mention the cost of care at the hospital more and more expensive.
One way to anticipate the needs of the cost of treatment is to have health insurance. In fact, in financial planning, health insurance becomes mandatory menu.
In addition to health insurance, financial planners also suggest ownership of life insurance, accident insurance, and property insurance in the form of home insurance and car insurance.
The five types of insurance is to protect every family or individual from possible catastrophe. The existence of health insurance, has become an absolute requirement owned by each family or individual. The high cost of care and treatment can deplete a family-owned investment and savings.
Before you buy health insurance, check the existence of health insurance coverage from your workplace and make sure it has adequate insurance limit. If not sufficient or you’re a businessman, immediately fill the protection of your health by having health insurance according to your needs and your financial capabilities.
In general, health insurance offers several types of benefits, among others, for in-hospital (inpatient), outpatient (Outpatient), childbirth (maternity), dental care, and eyeglasses. For outpatient care, childbirth, dental care and eyeglasses, will be very expensive if the individual pays the premiums themselves. Usually the office that provides the facility because if a large value can be cheaper.
Choose a suitable scheme
Most financial planners recommend that you have health insurance hospitalization. But, often prospective customers are still confused when faced with a choice of health insurance benefits scheme.
There are four schemes offered benefits insurance companies. First, the inner limit of the annual limit. This scheme compensation limits apply per case or incident and compensation per period of coverage limits, usually limit per year. Second, the inner limit with no annual limit, with a compensation scheme limit per case or incident, but without limitation compensation per period of coverage.
Third, the lump sum with an annual limit. This bid does not apply the limits of compensation per case or event but restrictions apply compensation per period of coverage, usually limit per year. Fourth, the lump sum with no annual limit that does not limit the compensation of each event and each period of coverage.
Of the four schemes were, of the prospective customer can get the most optimal protection in all four schemes. But automated customer must pay premiums more expensive.
There also are suggested, prospective customers must have a health insurance policy with a third scheme. There is an annual limit but does not limit per occurrence,
Details of health insurance options do not stop here. You will be presented with an offer for life insurance policies (whole life) or within a specified period (term life). Options offer whole life insurance to ensure health protection for you in the old days later.
The other advantage, although there is little cash value policy at the end of the contract. However, whole life insurance requires you to pay a larger premium.
As for term life insurance premiums are cheaper than whole life following a larger sum. Weaknesses, term life insurance has no cash value at the end of the contract, aka your premium deposit money forfeited.
If the financial conditions allow, we encourage you to buy health insurance whole life. However, if capacity is limited, please choose a model term life. But, buy term life of the longest and gentlemen, that is 20 years. The new will be extended later if you buy whole life.
Indeed, the long duration term life premiums are more expensive than an annual term life. But, in the long run more economical. By having a long duration policy, the insurer must have a compelling reason to learn later that the insurance policy must reject the extension of the customer. If annual insurance premiums could soar or denied renewal.
To be sure, do not let it interfere with payment of the insurance policy of your financial condition everyday. The value of your premium maximum of 5% -15% of annual income.
For that, as the last point, you should know the sum assured that fit. How, assign class treatment in the hospital room a comfortable and appropriate for you. Then search for health insurance products that match the room stay per night while being treated in hospital. Welcome to choose! – author: service insurance