Group Critical Illness policies are generally tied into an employee’s group benefit plan, whereas individual Critical Illness coverage is taken separate from a company benefit plan.
The following summarizes the major differences between group and individual Critical Illness:
Group Critical Illness
1. There are no medical tests. Generally, group Critical Illness coverage is available without a medical up to a specified face amount.
2. Lower face amounts. Generally, Group Critical Illness policies are available in smaller face amounts. The
Full Post…
Coverage, critical illness, Critical Illness Coverage, Illness Coverage
Kaiser Family Foundation Vice President Gary Claxton, who directs the Foundation’s Marketplace Policy Project, testified July 22, 2010, at a public hearing before the National Association of Insurance Commissioners’ Exchanges (B) Subgroup established by the health reform law.
Claxton, Gary Claxton
Recent surveys illustrating the extent to which car insurance premiums have risen this year have prompted comment from 1 Answer Network spokesman, Trevor Cutts.
According to the Confused.com/EMB Car Insurance Price Index, the average cost of a comprehensive policy jumped 14.2% in the second quarter of 2010, a revelation that comes as no surprise to Mr Cutts.
Full Post…
Car Insurance, Insurance
Gocompare.com’s Business Development Director Lee Griffin has stated that the AA’s premium index highlights the importance of browsing when it comes to car insurance.
According to the AA index, the average premium for comprehensive car insurance now stands at £980, whilst the average cost on a comparison website is £197 lower at £783.
Griffin went on to say that whilst insurance premiums generally had been increasing, comparison websites were seeing a lower rate of increase.
According to the Confused.com/EMB Car Insurance Price Index the second quarter of 2010 saw the costs of comprehensive car insurance increase by 14%.
He added that the rate at which premiums rise has been declining, suggesting that, as the sector heads back into the black, they may soon level off and stop the recent increase in cost.
Griffin stated that the industry had faced up to new challenges, including claims farmers which encourage people to claim, and credit hire companies that offer replacement cars instead of courtesy cars.
Related stories to AA index shows £197 saving with comparison sites:
Full Post…
Aa Index, Index
Motorists have been advised by Post Office Car Insurance to ensure that their coverage protects them against theft or damage to contents.
With festival season upon us, Post Office Car Insurance suggest travellers should check their insurance arrangements prior to travelling.
Should present coverage prove inadequate, the policyholder ought to contact their provider to enhance or amend their insurance.
In addition, festival-goers are advised to take basic precautions, such as not leaving valuables (such as sound systems or musical instruments) visible in their cars.
Motorists also need to ensure that any friends taking part of the driving duties on a long journey are included on their insurance policy.
Recently, the Post Office has also urged those going on holiday to make sure they take out travel insurance, to protect them against unforeseen woe with a financial safety net.
Related stories to Car insurance a must for festival-goers:
Car Insurance, Insurance
