Monday, October 11, 2010

Life Insurance For People Over 65

We have had many request from people in the older age groups and it can still be a surprise to hear that many do not think they can get any life insurance when they are over age 65, 70 or even 80! Let alone a good rate.

What rates can you expect when you are over 65 or older? As always, it depends on your health and possibly your occupation. In other words, if your health is excellent and you don't go skydiving every morning, then you should be able to get very good rates. There are some variations on handling getting life insurance when you are 65 and over. Some people have asked us if they should first apply for a no exam insurance plan and our answer has often been yes. Why? Simply because if you first do an application on the insurance plan that requires an exam and the exam uncovers some bad health news, then you could end up with very expensive coverage or no coverage at all. We recommend you do a no exam plan first and secure as much life insurance as you can. Then, apply for a regular insurance plan, and if rates on the regular plan come out better than with the no exam plan, then you cancel the no exam plan and have lost at most one month of higher premiums. Of course, you can always take the risk and just go straight to a life insurance application which will require an exam. Sometimes, you may not feel you have a choice as you may need $1,000,000 or more in life insurance, and no exam plans may not be able offer anywhere near what you need.

What plans are available to older people? Just about any! As far as no exam plans, if all you need is $150,000 or less, there are excellent term life insurance and whole life insurance options. Possibly some universal life insurance options too. With no exam insurance each plan may have its limits. Can you apply to multiple plans? Most times, it is fine. This way you can secure a higher amount of coverage from multiple insurance companies and get as close to your insurance goal as possible. Once all or some of your insurance needs have been secured, you are ready for the exam required plan. On the amount of insurance available, the sky is about the limit. You can apply for as much as $5,000,000+ and select from whole life, universal life and term life insurance (there are many other plan options but those are really just variations of any of the three basic plans mentioned).

How about underwriting! First thing first. Tell the truth about your medical history. No point applying for a policy, lie about your medical history, get approved and never know if your family is actually protected. Keep in mind that the insurance company may have at least two years or more to rescind (cancel) the policy. If that happens, good luck getting another policy somewhere else. even if you can qualify, the insurance company will see this nasty code on your records and run for cover. Please tell the truth. Besides, it is the right thing to tell the truth anyway. Second, if you do have medical issues, give the insurance company as much detail as possible. That should always include the right doctor's name, address and phone number (maybe even fax). One of the biggest delays in getting an answer for insurance is medical records. Grant it, doctors are not so exited about getting more, low paid, work to mail medical records but giving the insurance company the right Dr. info can save you at least two weeks of underwriting. Next, make sure all your basic information (date of birth, social security number..) is entered and entered correctly. Last, but not least, get back to your broker or agent or whoever is your contact for the insurance company whenever they call, e-mail, fax or even instant message you. Not getting back to the person who is helping you with the underwriting of your application may not only delay an answer but may also show a lack of interest. No one wants to spend time on an applicant who is not really interested in the insurance they just applied for. Particularly if the person assisting you has shown great interest in your well-being.

To recap: Apply for no exam insurance plans, then apply for a lower quoted exam required senior plan, be thorough and honest with the application and keep in touch with the person assisting you with the application. One last thing, ask questions before, during and after the underwriting process. Be well!

Some Facts about free Auto Insurance Quotes

If you are searching for your car insurance, here are some important facts which are essential to know to get Free Insurance Quotes. Before some years it was a difficult task to get the suitable car insurance for you. But in the present time with the use of internet you can do all this process within few clicks at any time. Few years ago you have to visit to many agents to get the quotes, but now there is no need to go anywhere. You can get best insurance free quotes very easily.

The process of getting these online free car insurance quotes is very simple. Only you have to know some facts which are like that;

There are so many insurance companies which provide free car insurance quotes for their customers. You can find these quotes by searching on any well known search engine. You can also search for them by area or state.

After getting all the inquiries you can choose the best insurance quote according to your choice to get the best and cheapest possible deals. There are many insurance companies which have their competitive rates. So the final decision depends on your choice.

To search these free insurance quotes
there is no need of any special type of software or hardware. You can search these sites at your own computer or mobile phones too. In these days these both are very common things. Almost people have both of them.

You can get these all information through email. There are so many companies that provide online service to sign up. You can contract the insurance agreement by email too.

This online procedure is really very easy to perform. It is helpful to save your money and time. You can also get the best deals with some efforts.

You have to fill up an online form. In this form there are some inquiries about your name, occupation, the model of your car and your age. You can get the best deal according to you after filling this application form.

It is better to understand all facts before singing. There are a lot of people who pay more that can be saved. For the first time it is difficult to choose. If an insurance plan is beneficial for you and suits you, next time you can get the same plan to renew the policy after one year.

Labels: Car insuurance

Take the Full benefits of Free Insurance Quotes Carefully

In the present time everybody wants to save his hardly earned money. Before spending it he wants to take the full benefits of it. He is always eager to spend it in such a way that he can save and enjoy it too. To get the full benefits of your money it is better for you to find the different types of Free Insurance Quotes for you and your family. With the help of these free insurance quotes you can save a lot of money and also get the best quotes.

Now you can get every type of free different quotes for your auto, life, health and home insurance. To get the best and lowest rates you need to compare the insurance quotes from various companies. Every insurance company has his own criteria of calculation. So the insurance rates of each company are totally different than other company.

The method of getting these free insurance quotes is very easy to find and it also does not take a long time to proceed. Now the computer and internet have made it a very easy task. Now you can purchase the cheapest and best insurance quotes according to you without any obligation of any agent or company. You can do all this process on you computer to get the free insurance quotes at any point of time.

With the help of these free insurance quotes you can find the latest rules and regulations of you state. There are different insurance plans in every state. In some states car insurance is compulsory. You can not go in an uninsured car. If there is any checking, you have to pay fine or penalty for it.

Before the selection of your insurance plan it is your duty to know and learn about the quotes carefully. Make a list of different quotes then compare the rates. Your good decision may help you to save a lot of time and money too. Do not make haste while taking the decision. You can also ask the users of the company and its services. If the customers are satisfied then you can also choose the same company for yourself.

There is no insurance company which will provide you hundred percent of your claim. But it is better to consider about the reputation and services of the company which is licensed to operate in your state.

Quick Online Health Insurance Quotes Save Your Money

Online health insurance quotes are available on various web sites for all if you require a health insurance quote at the lowest possible price level . Online shopping has significant advantages when it gets to surfing for health care plans . Learn about the possibilities for your gain when it gets to arriving at health insurance quotes online at Easy To Insure ME

To save time spent is one of the greatest benefits pay backs when you look for online health insurance quotes. By typing in your postal code in the quote lookup window , you can be shown various quotes from eager insurance businesses in your state . When you want a health insurance quote, saving time is critical to getting the best deal from the web . Only type in your zip code and internet box for you to get several quotes in just a couple of minutes.

If you wish to devote more ou your time , then you are entirely able to go from one insurance provider to another completing online forms or speaking with the representatives . This might consume several blocks of time and possibly days or even weeks to complete . All of this wasted effort can be not wasted , however, by just putting in your postal code in a basic form and receiving more than a few quotes at a time for you to pick out .

Another benefit of online health insurance quotes is if you're able to conduct the web search right from your private home . In comfortableness, you may be able to fill out the forms and get the numerous quotes when you want a health insurance quote for yourself or your family .

This provides enough of the time you need to look over the quotes that are sent to your webmailt . Many businesses provide more than one different options for you to choose that can include HMO, POS, and other open choice options . Various insurance businesses also offer vision, dental , and other specialties that could be needed by you or other members of the family .

Taking time finding online quotes is very worthwhile for conserving efforts and money . can you even picture the amount it could take to sit down with more than half a dozen insurance businesses to discuss possibilities and receive quotes? Cut all of that time in 1/2 to 75 percent by getting a quote online when you must have a health insurance quote now.

Multiple quotes are essential to receive the best policy plan and cheap prices from various insurance companies . By filling in your zip code into a form on the internet , anyone may find numerous insurance providers in your state that offer the top possible online health insurance quotes price and policy for yourself and your family .

Insurance Quotes and Credit Scores

Insurance quotes and US insurance company underwriting have recently hooked on a new factor for evaluating new clients. Now, insurers will verify your credit scores. They have determined by way of statistical testing that people with first-rate credit scores are better contingencies, and that disagreeable credit scores are not good potential clients. Insurance companies and agents that distinguish a person with a soaring credit score will think of you as a low-risk client.

Many consumers are anxious that requesting a new insurance quote may have a negative consequence on their credit scores. When insurers pull up your credit account, it creates a query on your credit history. Inquiries can every so often lower your credit score by a small number of points.

Nonetheless, shopping for insurance quotes does not lower your credit score.

There are two types of credit inquiries: hard pulls and soft pulls. Hard pulls refer to credit inquiries for obtaining credit as from a credit card company, lender, or a merchant credit card.
Soft pulls are inquiries made that appraise your credit score. This is the type of pull that an agent or insurer will do during the quote procedure. Soft pulls are not annotated on your credit report except citing the name of the entity that completed the request. However, the soft pull does not bring low your credit score.

Therefore, you may be confident that looking for insurance quotes will not reduce your credit score. Moreover, it is very important to recognize that a good credit score can lower insurance prices when you shop for insurance quotes.

The Independent Insurance Agents and Brokers Association (IIABA) discern that 85% of new insurance buyers would use the internet for quotes and research before buying. Start shopping online for insurance and let excellent local insurance agents to get in touch with you with the most viable quotes for your insurance needs.

Labels: insurance quotes

Health Insurance facts

Good health is a great asset. Radiant health has become synonymous with beauty, happiness and success – all you people ever fought. We are concerned about our health, we do things for our health, restore and strengthen our health and even drink the health of people who care. It is a universal custom of giving and receiving good wishes for health and welfare. If you do, we realize that health is the most important and desirable thing in life, and who generously wish our closest relatives in good health throughout his life.

Today, maintaining good health is becoming more and more expensive. It is more expensive than if ill health. Costly medical care, treatment and procedures, tests, medications, surgery and hospital treatment costs of headaches tend to increase existing health problems of a patient. Health insurance is an effective method to cure this headache.

It may not be able to afford expensive medical services when you fall sick without good health insurance. Health insurance ensures that the insurer will pay medical expenses if they get sick from covered causes or accidents. The U.S. health system is practically on the basis of health insurance that comes in a variety of options.

Health Insurance Types

Most Americans use Group Health Insurance obtained at work. Usually, the employer pays part or all of the medical expenses that your employees get sick. Group insurance is the least expensive type of health insurance. Some employers offer only one health insurance plan and some may offer a choice of plans. Under the Consolidated Omnibus Budget Reconciliation Act (COBRA), if you happen to change jobs, you are entitled to coverage with Group Insurance with you for a new job for up to 18 months.

If you are a part-time worker or work for a small company, your employer can not offer insurance, or you may find that your insurance plan is very limited. In this case, you have an option for group insurance through membership of a professional association, union, or a club, or you can buy an individual policy.

There are basically two types of health insurance: Payment for Service (Indemnity) and managed care. The health insurance policies can vary from low-cost all-inclusive, meeting the demands of customers. What kind of health insurance and the plan you choose depends largely on your needs, preferences and budget. Pay-for-service health care is a traditional type of policy. As its name implies, insurance companies pay the medical expenses of personnel of each service rendered to an insured patient. Pay-for-Service Health Insurance offers a wide choice of doctors and hospitals. Choosing any trust your doctor, change doctors any time you like and go to any hospital in the country are some of the benefits of such policies.

Fee-for-service coverage is divided into categories of base and Major Medical protection. Offers basic protection to the costs of a hospital room, hospital services, care and supplies, the cost of surgery in or out of hospital and doctor visits. Major Medical pays for protection from serious diseases and injuries, which often require long-term treatment and rehabilitation period. Commodities and the largest combined medical insurance coverage are called Plan Comprehensive Health Care. It is very important to know your insurance policy, as some services may be limited and some are not covered in all.

The insurer does not pay all medical bills. You pay a monthly premium and an annual deductible before the health plan begins to pay part of their bills. After gathering the amount of your deductible for the year, start sharing the bill with your insurance company. In general, it is your 20 percent (coinsurance) and percent of the insurer 80. Continuing to pay the percentage of each bill, the maximum extent of their plan. This is the time when the insurance plan pays 100 percent of medical expenses covered by the remainder of the period of one year.

In order to receive payment for Pay-for-service claims, you or your doctor will have to fill out forms and send them to your insurer. It is important to keep track of all your medical expenses, such as receipts for medicines, etc. If your preference is important in choosing a health plan is flexible and has no strict budget limits, you should consider buying plan compensation.

Managed Care

If you choose the most suitable health insurance plan its main objective is to minimize costs, a managed care plan may be the best option for you. Managed Care the basic principle is to provide lower medical costs in exchange for a more limited supply. There are three types of managed care plans: Health Maintenance Organizations (HM0s), Preferred Provider Organizations (PPO) and Point of Service (POS).

The main differences Managed Care Fee-for-service plans are within two facts: the number of doctors and hospitals participating in the management plans is limited, and you have to find either that the plans include your specialist or to learn that their plans have already joined specialists. The other aspect of no small importance is that in order to keep costs down, the doctor chosen is recommended to monitor the types of services you receive and you may need to approve a hospital or specialist that has to do, what depriving these compensation schemes offer the flexibility plans.

Health Maintenance Organizations (HMO) Plan has an advantage over low premiums. With the HMO plan, you must select a primary care physician to serve your health needs and referrals to other providers within the network when needed. This health care plan pays benefits only when applied to doctors and hospitals in the HMO’s network. The coverage of services outside the network is usually provided only for emergencies. Preferred Provider Organization (PPO) is a combination of HMOs and plans Fee-for-Service. As in the HMO, PPO medical treatment is fully covered if provided by a physician or hospital of reference to the PPO network. Policyholders receive basic medical care and pay fixed premiums on a monthly basis.

With the PPO plan are not required to choose a primary care physician and do not require referrals to see specialists. However, if you wish to apply for medical treatment outside the plan network, you pay more than people who use healthcare providers within the PPO plan. Thus, with the PPO plan, you can choose between freedom of choice of paying medical bills over him and the opportunity to receive medical services at a lower cost of network doctors.

Point of sale (POS) Plan:

If you decide to enroll in a POS plan, you must choose a primary care physician (PCP) within the health care network that will monitor your health care. The primary care physician of your choice can make referrals to other providers in the plan and outside the network. If your doctor forced out of the network, plan pays all or most of the bill. POS plan members may also apply outside the plan. However, in this case, your health insurance company offered only a fraction of the coverage. If you are referring to a doctor outside the network and medical services are covered by the plan, you will pay coinsurance.

With POS, you have more freedom and are not limited to network providers of the HMO only. Network-care co-payments are very low and no deductible. A procedure for medical visits within the health care network is usually completed for you. However, there is a deductible for care outside the network and outside the network co-payments are very high. Employment and medical services outside the network, you must fill out the forms yourself, and send invoices for payment, and maintain a revenue account for the care of health care.

Other Kinds of Health Insurance

Choose the health plan for you consider some other more specific types of insurance and health. In general, consumer needs, and can be cheap or expensive, depending on the policy. For example, there is full service Health Insurance, which covers all diseases and allows for treatment in any place you choose, Catastrophic Health Insurance, Hospital Indemnity insurance, disability insurance, health insurance long-term and short-term, etc. There is also Medicare and Medicaid – the federal health insurance programs.

Medicare is a program of public health insurance for retired Americans age 65 and for some people with disabilities. Medicaid is a federal program that provides health coverage for low-income, disabled and families with dependent children. Each state determines which should normally be covered by Medicaid and the services to be provided medical care.

Tuesday, March 2, 2010

Prepaid creditcards

With a prepaid Visa card, an individual needs to deposit the amount ones wants to have available for purchases at the time the card is issued. Through the pre-paid Visa card, you can make payments for purchases at all places where the prepaid Visa Debit card is accepted. An individual does not require sound credit history or a bank account to buy a prepaid Visa card.

Benefits of the Prepaid Visa Card

The prepaid Visa card offers a range of advantages, such as:

Ease of payments: The prepaid Visa card is accepted by most retailers worldwide. One can also make purchases using the prepaid Visa debit card through the Internet or phone.

Cash availability: Like any debit card, the pre-paid Visa card allows you to collect cash from approximately one million ATMs worldwide.

Security: Purchasing through the pre paid Visa card takes place in a highly secure environment. Visa prepaid card security facility prevents unauthorized purchases and protection against use of lost or stolen cards.

Financial control: The Visa prepaid card helps you manage your finances. With the Visa prepaid card you can spend only what you have loaded in the card, limiting over-spending. Moreover, you can monitor the spending through detailed payment lists accessible through the Internet or phone.

Types of Prepaid Visa Cards

Several types of prepaid Visa debit cards are available to meet the varying needs of customers:

Visa gift cards: An individual can gift a Visa prepaid gift card with a preloaded amount.

Visa Buxx card: This prepaid Visa card is especially tailored to meet financial needs of teenagers and students. It allows parents to load the card with a fixed amount and monitor the spending of their wards. A Visa Buxx prepaid card is certainly safer than carrying cash.

Visa TravelMoney: This prepaid Visa card offers benefits of both travelers checks and debit cards. Additional features of this pre-paid Visa card include travel emergency assistance and lost luggage reimbursement. Visa offers the flexibility to reload the card from any destination using your checking account or credit card.

Visa Healthcare Cards: This product is exclusively available in the US. It allows US residents easy access to the health Savings account(HSA) for payment of deductibles, co-payments and medicinal expenses. Visa offers three products under this range, the Health Savings Account card, Flexible Spending Account and Health Reimbursement Arrangement.

Prepaid Visa Card: Visa ReadyLink Service

Visa ReadyLink service is a specialty service that helps to reload the Visa prepaid card instantly. This service enables the cardholder to reload the Visa prepaid card at popular purchasing destinations. The cardholder pays the amount to a Visa -authorized participating merchant, who in turn loads the card with equivalent purchasing power. However, it is essential that your prepaid card is loaded with ReadyLink enabled-features to avail this service.

‘Prepaid Visa Card’ is a trade mark of Visa.

Further information:

Prepaid Virtual Credit Card
Virtual Visa Gift card
Prepaid Visa Credit Cards

Prepaid Credid Card( Visa And Master Card) Providers:

ICICI Bank

Standard Chartered Bank