For those of you who have signed up insurance, are you ever heard the term no claim bonus? Yes, the term was associated with a return of insurance premiums you paid. The question is, is the money of your insurance will be back if you does not ever make a claim?
"Healthy is Expensive". Yes, some of you must agree with the terms. If yes, of course this time you have to protect yourself with a variety of protection such as good nutrition, exercise, and adequate rest. However, sometimes pain arises suddenly despite no prevention. If it is so, the protection is what you need, i.e health insurance.
"Healthy is Expensive". Yes, some of you must agree with the terms. If yes, of course this time you have to protect yourself with a variety of protection such as good nutrition, exercise, and adequate rest. However, sometimes pain arises suddenly despite no prevention. If it is so, the protection is what you need, i.e health insurance.
As insurance in general, health insurance policies also have a written agreement between the policyholder to the insurance company. In a health insurance policy, you will get information about the period of the insurance policy, the name of participant / insured, premiums paid, and the benefits are guaranteed. This benefit may be a charge for room accommodation, accommodation ICU, consulting physician, specialist consultations, surgery, outpatient, home care, ambulance services, dialysis, and costs for critical illness. Terms and conditions were set forth in this insurance policy, such as exclusion of disease, method claims, and claims documents.
With tangible benefits to policyholders, still only a few people are interested in insuring their health. Often times the reason "will not return my money if I do not ever claim" prevents some people to wear health insurance.
In fact, the money in the earlier health insurance recoverable though never claim otherwise known as a no claim bonus. However, it depends on the agreement in the insurance policy.
There are several insurance companies that impose a no claim bonus, usually a maximum of 25% of premium customers (insured) back if the policy period previous year not filed a claim. However, no claim bonus features do not apply to all products. For medical cash plan product (swipe card), rarely has the added benefit of no claim bonus. While the product's health benefits (reimbursement) are more often have this feature. One example of an insurance company that uses a no claim bonus feature is Allianz Medicare.
But what if the money is not returned because until now has never been a claim? You may feel a loss, but let's suppose. If ten years from now or when entering old age, you are sick and need medical fund more than the amount of premium that has been paid up to now, do you still feel the loss?
Remember! Insurance is not the same as the financial products that you can get from a bank. There is no financial gain or loss in the use of health insurance. Therefore, the biggest advantage lies in the comfort of you who already have a health guarantee of protection against. By understanding the health insurance policy that you have, before you can feel the benefits without feeling a loss financially. Let's keep health and provide proper protection because you deserve it!
With tangible benefits to policyholders, still only a few people are interested in insuring their health. Often times the reason "will not return my money if I do not ever claim" prevents some people to wear health insurance.
In fact, the money in the earlier health insurance recoverable though never claim otherwise known as a no claim bonus. However, it depends on the agreement in the insurance policy.
There are several insurance companies that impose a no claim bonus, usually a maximum of 25% of premium customers (insured) back if the policy period previous year not filed a claim. However, no claim bonus features do not apply to all products. For medical cash plan product (swipe card), rarely has the added benefit of no claim bonus. While the product's health benefits (reimbursement) are more often have this feature. One example of an insurance company that uses a no claim bonus feature is Allianz Medicare.
But what if the money is not returned because until now has never been a claim? You may feel a loss, but let's suppose. If ten years from now or when entering old age, you are sick and need medical fund more than the amount of premium that has been paid up to now, do you still feel the loss?
Remember! Insurance is not the same as the financial products that you can get from a bank. There is no financial gain or loss in the use of health insurance. Therefore, the biggest advantage lies in the comfort of you who already have a health guarantee of protection against. By understanding the health insurance policy that you have, before you can feel the benefits without feeling a loss financially. Let's keep health and provide proper protection because you deserve it!
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