Posted by janedant
on Monday, October 26, 2009
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With health insurance reform in the spotlight, the US TravelInsurance Association (USTiA) suggests that travelers become aware of their health care benefits or insurance plans for expats available while overseas.
A survey commissioned by UStiA concluded that traditional domestic health insurance plans typically limit coverage for out of country medical expenses to emergency-related costs; have high deductibles and co-pays for emergency treatment abroad; and don't cover out-of-country emergency medical transportation in cases of life threatening illness where medical evacuation may be required.
Additionally, 50 percent of Medicare recipients may not be covered abroad, the study revealed. And, when covered, benefits are normally limited to 80 percent of emergency treatment costs, with a $250 deductible.
Posted by janedant
on Monday, October 5, 2009
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Isn't it time you choose financial freedom?
Personal liability insurance, also referred to as personal umbrella insurance, is another product we use to keep our assets in tact. Since we live in a litigious society, we believe that it's a good strategy to have an insurance policy that can withstand a financial blunder caused by a lawsuit.
What is personal liability insurance?
Your homeowner's and auto insurance policies have added liability protection within their contracts. If you are found negligent in a situation where someone was injured, your liability protection will pay for things like personal medical bills, rehabilitation, lost wages, etc.
However, the coverage amounts are relatively low and can be quickly exhausted depending on the severity of the other party's injuries.
Protection from a personal liability umbrella insurance policy will trigger once the liability protection from your other policies are no longer sufficient. It gives you and your assets added protection.
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