Claim
What is an Insurance Claim?
January 23, 2011 | Author admin
An insurance claim is the actual application for benefits provided by an insurance company. Policy holders must first file an insurance claim before any money can be disbursed to the hospital or repair shop or other contracted service. The insurance company may or may not approve the claim, based on their own assessment of the circumstances.Individuals who take out home, life, health, or automobile insurance policies must maintain regular payments called premiums to the insurers. Most of the time these premiums are used to settle another person’s insurance claim or to build up the available assets of the insurance company. But occasionally an accident will happen which causes real financial damage, such as a automobile wreck or a tornado or a work-related accident. At this point the injured policy holder has the right to file an insurance claim in order to receive money from the insurance company.
Winter Driving Safety Tips
January 14, 2011 | Author admin
Driving safely on icy roads
- Decrease your speed and leave yourself plenty of room to stop. You should allow at least three times more space than usual between you and the car in front of you.
- Brake gently to avoid skidding. If your wheels start to lock up, ease off the brake.
- Turn on your lights to increase your visibility to other motorists.
- Keep your lights and windshield clean.
- Use low gears to keep traction, especially on hills.
- Don’t use cruise control or overdrive on icy roads.
- Be especially careful on bridges, overpasses and infrequently traveled roads, which will freeze first. Even at temperatures above freezing, if the conditions are wet, you might encounter ice in shady areas or on exposed roadways like bridges.
- Don’t pass snow plows and sanding trucks. The drivers have limited visibility, and you’re likely to find the road in front of them worse than the road behind.
- Don’t assume your vehicle can handle all conditions. Even four-wheel and front-wheel drive vehicles can encounter trouble on winter roads.
If your rear wheels skid…
- Take your foot off the accelerator.
- Steer in the direction you want the front wheels to go. If your rear wheels are sliding left, steer left. If they’re sliding right, steer right.
- If your rear wheels start sliding the other way as you recover, ease the steering wheel toward that side. You might have to steer left and right a few times to get your vehicle completely under control.
- If you have standard brakes, pump them gently.
- If you have anti-lock brakes (ABS), do not pump the brakes. Apply steady pressure to the brakes. You will feel the brakes pulse — this is normal.
If your front wheels skid…
- Take your foot off the gas and shift to neutral, but don’t try to steer immediately.
- As the wheels skid sideways, they will slow the vehicle and traction will return. As it does, steer in the direction you want to go. Then put the transmission in “drive” or release the clutch, and accelerate gently.
If you get stuck…
- Do not spin your wheels. This will only dig you in deeper.
- Turn your wheels from side to side a few times to push snow out of the way.
- Use a light touch on the gas, to ease your car out.
- Use a shovel to clear snow away from the wheels and the underside of the car.
- Pour sand, kitty litter, gravel or salt in the path of the wheels, to help get traction.
- Try rocking the vehicle. (Check your owner’s manual first — it can damage the transmission on some vehicles.) Shift from forward to reverse, and back again. Each time you’re in gear, give a light touch on the gas until the vehicle gets going.
Critical Illness Insurance In The USA
December 30, 2010 | Author admin
Critical illness insurance did not exist in the USA long ago. There was a type of insurance known as the cancer insurance. It covered some types of cancers, alike critical illness which covers certain critical illnesses. Cancer insurance had been in the USA for many years. It was during the year 1989 that a critical illness product was firstly launched in the USA by Jackson National Life. The critical illness policy lacked benefits, as it was the case when firstly introduced in the UK. It covered only around 5 critical illness conditions with about 25 percent acceleration of the life benefit. The product sold well during the first two to three months but then came to a slowdown.
The slowdown could have arisen as Jackson National Life sold the critical illness policy in the broker market. The broker market at that time had the tendency to be guided by whatever was new. Therefore, when a new product came into the market, critical illness policy was left behind. The policy may still exist and could be sold in the USA but under a different form. (Source: Health Care Conference, 2000)
Moreover, then came the American Physicians Life�s policy (APL). This type of critical illness policy may still be sold in the USA. But sales may have been considerably low. There may be three reasons that could explain the poor sales of this critical illness policy. Firstly, APL was only licensed in 8 states and could be seen as a niche provider. Secondly, the policy was based upon the critical illness policy in the UK and thus turned out to be ineffective for the US market at that time. Finally, the APL had been sold to a finance group which owned the American Founders Life (AFL). AFL also had a critical illness contract but sales had as well been meager.
The attempts to sell an effective critical illness policy over the US market did not stop here. Bankers Life & Casualty came with the only standalone critical illness policy. The US market did not respond positively to change. Again, sales had been relatively low. However certain problems may explain the lack of growth of critical illness cover in the USA. There are many states in the USA. Thus, each state has its own law which also regulates insurance separately. Therefore, if critical illness policy issued by a company is recognized in only a few states, many people may be left unaware as it may not reach them easily. The success of critical illness insurance in the UK may explain everything as laws and regulations may have been set only by one authority as compared to the USA.
Furthermore, critical illness insurance may have been considered as another form of cancer insurance in the USA. Cancer insurance had not been successful in the USA as it did not offer cover for all types of cancers. As a matter of fact, its benefits may also have been slight.
Looking at critical illness insurance in the USA, we can see that this product had not been as successful in the UK. The direct sales forces in the UK may have led critical illness insurance to the status it now holds in the market.
Posted in Cancer, Claim, Critical Illness, Insurance Claims, Insurance Premium, Make a claim | 
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Choosing Critical Illness Insurance
December 30, 2010 | Author admin
Surveys tell that most people are more likely to become critically ill than to die before they reach the age of 65. Critical illness affects a lot of people in UK as well as all over the world. Consequently, life insurance companies found a solution. They came across the idea of bringing out a new policy called critical illness cover. To date, this type of policy has kept its name. As time passed by, critical illness gained popularity as it was sought by many people. How do we choose critical illness insurance? Let us find out the answer.
First of all if you are worried about the safety of the family or want to set everything right for the future, you are probably wondering about taking a critical illness insurance. Fine idea as it is, to get the best critical illness insurance you must start looking around. In an initial step you have to make a list of what life insurance companies you have to visit or phone. Now, not all life insurance companies offer the critical illness cover. To get round this, you will probably have to make some phone calls. Once done, you now have a list of all life insurance companies which offer the critical illness insurance.
Therefore, start by calling the most prominent critical illness insurance companies. You will have to compare different quotes and check out prices to find on the critical illness policy that suits you. Tiresome and tricky as it is you may find yourself in a dilemma. You could end up having so much paperwork in your hands that it becomes difficult to make a choice. Remember that you have to take all the factors included within the policy into consideration. Do not always opt for cheap critical illness insurance policies. Most of them might not be as effective.
Probably the best way to search for a critical illness insurance or any other life insurance is to surf the internet. You could just sit down on your comfortable chair at home and avoid visiting the insurance companies one by one. You open Google for example and write critical illness insurance. The results would show you a list of all insurance companies that offer critical illness insurance. You have immediately thousands of insurance companies to visit and request a quote online.
To get a quote online is in most cases easy. You can specify which type of critical illness cover you want. You can also mention for how much time you need the cover for and are sometimes asked how much cover you need. Thus, the bigger the cover you want, the higher the premium will be.You are also asked if you want a joint or single critical illness insurance account. Besides, you will be able to compare the quotes from various companies at a time. Hence you have a broad vision of the types of critical illness insurance company that exist and the advantages they are giving. As said before, do not get attracted by cheap prices. Anyway if you still want the support of an agent, you could easily get a contact. Most of the time you would be explained things clearly.
As a matter of fact, contacting online brokers for critical illness insurance is very often an easier task compared to visiting one company after the other. So take advantage of the internet and unlock the appropriate critical illness insurance you have always dreamt of.
Posted in Cancer, Claim, Critical Illness, Insurance Claims, Insurance Premium, Make a claim | No Comments »
Critical Illness Insurance To Help During Hard Times
December 30, 2010 | Author admin
ust like a normal insurance package, critical illness insurance is also designed to facilitate the lives of those who are insured. It is different from the standard insurance covers and best suited to someone who might have been diagnosed with a critical illness.
Critical Illness Cover
When someone in the family or the main earning member gets diagnosed with a life threatening condition, the future suddenly looks bleak. Usually, there are no future plans that take into account the condition that will most likely take away a precious life. In such a situation having critical illness insurance plan works towards providing some advantages, the first being giving some peace of mind to the one who is battling the condition. The first thought he might have is what will happen to his family, their future and their growth when he is not there to protect them. He will see to it that they are safe and no harm comes to them. That is what this sort of insurance cover normally aids the insured person.
When you decide to take such a policy you are not only safeguarding your family, you might also be making sure that their future is taken care of.
The Benefits
Getting the right plan for you might be a tricky proposition since there are a number of policies out there. These policies are provided by various companies covering a range of different illnesses. You need to choose the one which is most likely to suit you and also take into account other important factors.
If you are not sure how to approach this subject you can take the help of a number of online options that present you with varied choices. They will ask you some basic questions and depending on your answers will provide you with a number of policies that are best suited. You will be required to give out your medical histories and whether there was any serious illness in the past.
They will then show the various policies that might be designed to suit your case. You can also ask for a tailor made policy once you decide that you want a more comprehensive cover with specific conditions.
It is important that you look at the features and check out the kind of medical conditions that are covered in the critical illness insurance. Some might not cover the most critical conditions while others might cover a range of problems that might not even be a possibility where you live. Though you might feel that it is best to be prepared in advance, accepting all these might simply increase your premiums.
If you are a businessman and want to take out a group cover for your employees there are various policies that can cover that as well. You might get advantages from this cover and also see to it that all your employees are benefitted from this type of critical illness insurance.
When you recover this money in a lump sum amount like any critical illness insurance, you might like to spend it on paying off a huge debt that you would have taken care of in the normal circumstances, pay for your child’s care for the future and make sure that their needs are taken care of even if you are not physically present.
Posted in Claim, Critical Illness, Insurance Claims, Insurance Premium, Make a claim | No Comments »
Third-party claim | Define Third-party claim at Dictionary.com
December 22, 2010 | Author admin
Legal Dictionary
Main Entry: third–party claim
Function: noun
1 : a claim made against a third party in a third-party complaint —compare COUNTERCLAIM, CROSS-ACTION, CROSS-CLAIM
2 : a claim made by an injured third party (as a third-party beneficiary of workers’ compensation insurance) against an insurer or insured for indemnification
via Third-party claim | Define Third-party claim at Dictionary.com.
third-party claim – Wiktionary
December 22, 2010 | Author admin
third-party claim (plural third-party claims)
1. A derivative lawsuit brought by a defendant in an original lawsuit, claiming that another new party being brought in is responsible for or should share in the plaintiff’s damages against the defendant.
* Practise note: the third party being sued by the defendant is cited as “First Third Party”, “Second Third Party” etc.
Worker’s Compensation – A thing that every worker should know – Article Blast! Free Articles And Content For Reprint On Your Website, Newsletters and Ezines. Submit Your Articles For Free!
December 22, 2010 | Author admin
Work place accidents occur. It’s a fact. From very minor incidents such as small cuts and bruises to very serious accidents that may result in death. Previously known as “workman’s comp” for short, the name has been changed to Workers’ Compensation. Worker’s compensation is basically an insurance policy, derived from state statutes, which protect employees if they become injured or sick while carrying out the duties of a job. Worker’s compensation may also pay damages to a worker’s family if the worker is unable to return to work for a long time or suffers a fatal injury.
Each state has its own worker’s compensation regulations and rules, and state laws control an employer’s responsibility to its workers. State law establishes the types of injuries and sicknesses, which are actionable, and the award an injured party could receive for those conditions. Federal law only relates to employees of the national government or those persons who carry out interstate commerce. Coverage includes work-associated illnesses, sickness, falls and other accidents in the workplace.
Workers compensation does not just cover medical costs; it also provides income replacement for the injured worker due to an on the job injury or accident. Depending on the state of jurisdiction, the employee might get up to 2/3 of his or her usual wages, until they are able to return to work.
Worker’s Compensation is insurance that provides medical and disability benefits for work related injuries and diseases. For many employers this insurance is an experience rated system that encourages injury prevention by charging higher premiums to those employers whose workers have more injuries.
Workers’ Compensation sole purpose is to cover the medical expenses accumulated by the injury, as well as financially support of the employee while they are recovering. As an incentive to encourage businesses to accept full responsibility for the premium costs of workers compensation, the workers gave up the right to sue the employer for damages resulting from a job related injury. Many seem to think workers compensation should be treated as an employee benefit. However rather than a benefit, workers compensation is a legally mandated right of the worker. As a mandated right all medical bills and loss wages relating to an on-the-job injury are covered by the workers compensation coverage.
Apparent Benefits of Worker’s Compensation – Article Blast! Free Articles And Content For Reprint On Your Website, Newsletters and Ezines. Submit Your Articles For Free!
December 22, 2010 | Author admin
Workers compensation is a type of insurance which collectively offers compensation as well as medical care for the employees who are accidentally injured during the course of employment. Workers’ compensation also encircles economic loss, reimbursement of medical and other form of health insurance. The Worker’s Compensation insurance is extremely helpful and not only covers the comprehensive cost of hospital bills but also follow up doctor’s appointments, drugs and even surgeries. Though Worker’s Compensation can be costly, it is often protect the small business owner from lawsuits. If an employee signs on with Worker’s Compensation program he relinquishes his right to bring legal action in the event of an accident.
In real terms Worker’s Compensation is a collection of laws which protect people that are injured at work. The intent of Workers’ compensation program is to take care of the injured workers at the work place. If you’ve been injured or met an accident on the job, then you should be aware of Worker’s Compensation rights. If you have been injured then it is a great idea to seek legal and professional support from the company. You may also require an attorney who particularly specializes in Worker’s Compensation cases or in personal injury or accidental cases.
Worker’s Compensation offers certain benefits like: cash benefits, supplemental benefits, medical benefits and social security benefits. But if the worker dies from a compensable injury, the surviving belongings or other dependents as defined by law are entitled to cash benefits at the same time. The amount may be equal to two-thirds of the deceased worker’s average wage or according to the state legislature. If there are no surviving children, spouse, siblings, parents or grandparents entitled to compensation then the surviving parents or the estate of the deceased worker may be entitled to payment of a certain sum. All in all, you should be aware of the Workers’ compensation programs designed by the companies.
If you have been in a motor vehicle accident, and had bodily injury, pain and suffering or emotional distress, Mitchell and Shea APC are lawyers with vast experience in personal injury that can help you.
As leaders in the field of workers compensation law, we can assist you with work accidents, construction injury, temporary or permanent disability, modified duties and work restrictions, discrimination at work, workers’ comp settlement, stipulation with request for award and state disability.
If you have experienced any personal injury like head or brain injury, slip and fall, dog bite, negligence whiplash injury, property damage, amputation at work or in a traffic collision, repetitive stress injury like carpal tunnel syndrome, laminectomy, discectomy, fusion, arthroscopic knee surgery or shoulder surgery – Call Mitchell and Shea APC Toll Free 877-702-6517
Auto Accident? What do you Do?
December 13, 2010 | Author admin
Based totally on the latest report released by the renowned World Health Organization, about three thousand people die in vehicular accidents every day. And we aren’t even talking about one country here ; the alarming figure speaks for worldwide vehicle accident incidence. In the U. S. alone, there were about 6,000,000 vehicular accidents that happened in the year 2005. In fact, according to reports, a mean of 115 individuals die every day due to car crash figures – that is’s roughly around one accident each thirteen minutes.
it is no wonder then that auto accident claims are reasonably popular today, ranking only second hardest to prove in suits behind medical laxity claims. The severity of such vehicle accident, though, will eventually rely not on one but many factors. These may include, but not restricted to, the autos involved, The speed of the vehicles colliding, and the road or terrain in the vehicular accident.
The worst that could happen during these automobile accident injuries is death. A more common damage that’s customarily complained about is the whiplash injury. While whiplash wounds are but a common thing in vehicular accidents, the symptoms show after a very long time. Hence, it is reasonably tough to prove in court for compensation of damages. of course, you could not just pay no attention to the mental effects these traumatic vehicle accidents bring to the victim. Vehicular accidents can provide you with near-death experiences if you are personally involved in the accident or even worse, they may result to endless shock and a robust feeling of emptiness or emotional damage, which the family of the bereaved has to endure. While the physical injuries are serious enough, the mental effect will be the harder to get past through. It takes longer for people to recover from such a devastating loss of a loved one and many are limited to a long terrible state and mourning regularly accompanied by psychological suffering and stress.
