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Author: Gabriel

excess health insurance
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What is excess in health insurance?

Mar 5, 2021 by Gabriel

What is excess in health insurance? In simple terms excess payment means the amount of money that you will be paying out on your medical insurance before the health insurance kicks in. This is designed to balance out the annual cost of health insurance for you. It means that if you are unfortunate enough to become ill and need medical treatment your excess payment will reflect this saving as opposed to the premiums being paid by you. This can work well if you have a particularly expensive illness or are otherwise at a higher risk than other policy holders.

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insurance when traveling
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Health insurance when traveling abroad

Feb 19, 2021 by Gabriel

For people who are either retired or young and healthy, they need to consider purchasing a health insurance when traveling abroad. It is important that you know what your choices are and how to go about finding the best rates. There are many health insurance options available for both short and long term travel. The cost can vary immensely from country to country and even from time to time, depending on what you are looking for in an insurance plan. In general, the higher the medical care required of you and your family, the more expensive it is going to be for you to find an appropriate health insurance when traveling abroad.

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health life insurance
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Difference between health insurance and life insurance

Jan 15, 2021 by Gabriel

The difference between health insurance and life insurance is one of the most important financial considerations you will make throughout your life. Health insurance provides coverage for medical expenses and treatment when you are unable to pay for it on your own. If you do not have health insurance, a family member or an individual you trust can provide you with financial cover to cater for medical expenses that exceed the amount that you have in your health insurance policy. Life insurance is designed to cover your funeral costs and legal fees.

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permanent health insurance
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What is permanent health insurance?

Dec 11, 2020 by Gabriel

What is permanent health insurance and how does it work? Basically, permanent health insurance is a plan that offers protection against any financial loss due to illness or accident. Usually permanent health insurance coverage will pay your medical expenses up until the time you turn 65. This means that if you are covered now at age sixty-five, you can be sure that you will not be subjected to any medical expenses in the future.

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private health insurance
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How does private health insurance work?

Nov 11, 2020 by Gabriel

You have probably heard a lot about how does private health insurance work and what the different types are. There is quite a bit of confusion though because the terminology is a little bit different. One of the biggest things that confuses people is that they assume that all of them have the same basic plan. They assume that each type of private health insurance covers a certain category of medical expenses. However, that is not true.

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