Archive for December 2, 2010

Health & Fitness :: Protect Your Family With Critical Illness Insurance | ArticleBiz.com

A sudden onset of a crippling disease can leave you temporarily handicapped, to ensure your financial well-being in such a situation you should consider getting critical illness insurance. In today’s world, a debilitating affliction can result in huge financial loss, first because if you are bedridden the flow of income stops, and secondly, long drawn out treatments can incur massive costs.

Critical illness insurance can give you sometimes vital financial aid in crunch times like these. If ever, you are in a position where you find yourself diagnosed with a critical illness, you will get a lump sum of money, tax-free to tide you over your hard times. However, there is a procedure to safeguard against unlawful claims but if your case is genuine; this insurance can be a huge help.

Critical Illness Insurance Cover

Under critical illness insurance cover, you get cover for a number of diseases listed as critical illnesses. Seven core categories are present in almost all policies. These are the following:

* Heart attack

* Coronary artery bypass

* Multiple sclerosis

* Cancer

* Major organ transplant

* Kidney failure

* Stroke

Other diseases and conditions that lead to disability are also in present in the policy.

To tighten the insurance claims the companies do not cover all categories in the above illnesses such as non-invasive skin cancer and cardiac conditions like angina. In case of cardiac problems, an ECG (Electro Cardiogram) will be necessary to prove changes in the heart or proof of typical chest pain to validate the claim.

Once the necessary proof is there, the insurance company will agree to release the payment. There is, however, a clause which states that the patient should survive for a certain amount of time before they release the payment, so it takes anything between 28-30 days to get the payment. In case of paralysis, it takes much longer as it takes more time to ascertain the paralysis. They release the payment in case of paralysis in about six months to one year.

Benefits Of The Insurance

Once you have the money you can do anything you want with it. Pay off your mortgage, pay the medical bills and even redecorate the house. This lump sum of tax-free money is absolutely yours.

The benefits to a family person with dependents or even in a relationship are far greater. In case you have dependents, this money will help you out tremendously as you can fall upon it and thus have a healthy and full recovery without bothering about the payments and other financial aspects. Similarly as in a family, if you are a couple the money will help you and your partner avoid the stress of wondering where the money is going to come from and give you a peace of mind that is necessary to rehabilitate from a critical illness. Critical illness insurance in this way protects your family.

If you do go in for critical illness insurance, be wise in deciding the policy and choose the right insurers. Be completely honest and truthful about your medical history when they question you about it, and be sure to be clear on what your policy covers and does not cover.

via Health & Fitness :: Protect Your Family With Critical Illness Insurance | ArticleBiz.com.

Legal :: Tort Law: Refuge of the Injured | ArticleBiz.com

In today’s harsh realities, people from all walks of life are always at the risk of getting into various accidents. More often than not, other people or groups of people have been engaged and could be held liable with the accidents that happened. It may be due to their connection in school, at work, or at a given community. Depending on how the physical, mental, or emotional harm is sustained, these incidents bring about personal injuries which may be slight or serious.

Consequently, personal injury law, otherwise known as the tort law, acknowledges the wrongful acts inflicted to an affected party and therefore giving him the right to file a case in court as long as his claims can stand and have sufficient merits. Some torts can be considered as criminal offenses that can cause the imprisonment of the accused. On the contrary, the tort law was enacted to provide help and justice to the victims who incurred injuries and prevent it from happening again which may further harm others and eventually cause more serious damages or even intensify the consequences.

More so, personal injuries are classified into three general categories. First, intentional torts, which are classified to those criminal acts – the accused have or should have the knowledge on what will be the effects of his acts or failure to act such as striking a bystander with much intent of afflicting him. Second, the negligent torts are those incidents that happen due to the defendant’s irrational and precarious acts like defying traffic regulations that set off a mishap causing injuries to a pedestrian. Last, strict liability torts are those that are established when an act results to inflicting damage to other people and do not rely on the extent of cautiousness done by the defendant. Thus, producing and selling substandard products can be included in this category. Though, there are also the so-called specific torts, like negligence, assault, battery, trespass, products liability, and intentional infliction of emotional distress among others. Accordingly, these general categories of the tort law draws out the theory for each separate case being filed by an injured party. For instance, the improper and incompetent approach of a medical practitioner, way ward the standard procedure, that causes further deterioration of a patient’s condition can be a clear grounds for the patient to file a case against the negligent doctor. Meanwhile, the hospital can be sued for liabilities because of employing the negligent doctor. An altogether different case would then occur if evidences point the doctor to intentionally prescribing the wrong medication for the patient.

Furthermore, there are accepted principles that govern on what types of damages can be expected by a person. Nonetheless, whatever damages those are, the needing payment by the accused party would depend on the case established by the injured party. Some may sue for an injunction to prevent the continuation of a treacherous conduct or operation. Some demands for monetary damages. Other types of damages the injured party may recover are as follows – loss of earnings capacity, pain and suffering, and reasonable medical expenses. They include both present and future expected losses. In brief, in tort law, the damage is defined as a remedy that comes in a form of monetary compensation to the harmed party. One may also seek the assistance of a qualified lawyer to help him out in this legal matter.

via Legal :: Tort Law: Refuge of the Injured | ArticleBiz.com.

Baldwin Benaware
KC Benefit Services Discount Card
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