Finding out all about Visitor Health Insurance Cover

Have you heard about visitors’ insurance? No it’s not really an insurance cover which you buy for guests paying a visit to your home for a day or so! This amazing (to say the least!) insurance cover has been designed thoughtfully for a broader purpose. Let us explore.

A visitor health insurance policy is purchased for people who are visiting their ninsurance5_505_042114042549ear and dear ones settled abroad. Today it is not really unnatural for individuals to go for studies in a different country or settle there with a job. Additionally, it is also not unnatural for friends, relatives or family members to visit the individuals settled abroad. It is for them the visitor health insurance is purchased. And, why on earth would these visitors fall sick? A deeper contemplation will help you understand. Sudden climate changes and jet lag are the two main reasons why visitors might as well fall sick. Besides, there is every chance of your body reacting to significant changes in food habits as well. The normal health insurance policy purchased by you does not really cover illness which occurs in a foreign country.  Let us explore more about visitor health insurance as well.

What does a visitor health insurance policy cover?

A visitor health insurance covers unexpected illness through drugs, medical evaluation among others. This particular insurance cover is associated with travel to particular places Canada, USA and the European countries among others. The costs of treatment in these places are extremely high. So, people looking to avoid these costs will actually go on to buy visitor health insurance. Buying this insurance cover becomes all the more important if you are staying there for more than a month or two.

There are several companies offering this particular insurance cover. It is very important to ensure that you are checking the background or credentials of the insurer thoroughly before you are actually buying insurance cover from them. The internet might as well help you in this regard. Make sure you are actually going through the reviews offered by clients who have already availed this particular insurance cover. What are the customers saying about the quality of services offered by variant companies considered by you? Are they satisfied with the same? Would they really recommend these companies to you? What are the costs? Make sure you are researching on the visitor health insurance costs on the internet in order to find out about the most affordable options in the market.

What should you do?

Do resort to personal recommendations as well. Please make sure you are actually asking friends or someone in your known circle whether they had availed the insurance cover or not. If yes, then do not forget to ask them to chip in with their recommendations as well.

This particular health insurance plan will actually help you ease your stress and tension generally associated with travel. Make sure you are leaving no stone unturned to settle for the best policy in the market. Hope these tips will be of help.

Do You Need Liability Insurance?

life_insuranceNo one wants to get sued. Sadly, though, we live in a lawsuit-happy world, where people are eager to sue others for seemingly innocuous things. What happens if a guest is injured in your home or office by some freak accident? What if you are rear-ended while driving a rented car? Will you be at fault if a neighborhood kid pulls your cat’s tail and is subsequently bitten by your cat?

If you stop and think about it, it’s a wonder we get through daily life without being sued. In many situations, the “damage” is minor and can be settled between individuals without much fuss. In other situations, you may want to call on your insurance company for help. And the last thing you want to hear in that situation is “Sorry, your insurance plan doesn’t cover that.”

You are wise to be proactive and vigilant when choosing insurance policies, but it’s also impractical to buy every type of insurance under the sun in a futile attempt to keep yourself safe. Instead, learn what kinds of accidents are common in your industry and be sure your current insurance policy will pay for damages in those situations. If your current policy is lacking, you may need liability insurance. Otherwise, you could find yourself in financial straits, having to pay large lump-sum fees or even a long-term structured settlement out of pocket.

Have a Small Business? Make it an LLC

If you have a business, no matter how small, it’s important that you make it an LLC, or a Limited Liability Company. This simple action separates your personal assets from those of your business. If someone had a problem with your business, your business would be sued but not you personally. If, as a result of the lawsuit, creditors then need to collect money, your business would be in debt, but your personal assets would be safe. In other words, the creditors could not use your mortgage (for example) as collateral.

General Liability Insurance for Businesses

At the very least, all businesses should have general liability insurance. The insurance company will pay legal and medical fees (up to a point, as outlined in your specific policy) if you are sued.

Depending on your industry, you may be at greater risk for being sued than the average business. This will affect how much coverage you need, as well as your premiums. However, this also means that a liability insurance policy will be well worth it if you do end up being sued for damages, because the insurance premiums are still likely to be far less than the court fees you would otherwise have to pay.

Business owners can typically get a bundle of liability and property insurance for a discounted rate under what’s known as a Business Owner’s Policy (BOP).

Product Liability Insurance

If you sell products that could possibly cause someone harm, it’s a good idea to get this special insurance coverage. Some products are obvious: fireworks are dangerous and you should get product liability insurance to lower the costs of being sued when someone is injured by one. Other products are not so obvious: small children can choke on small parts, suffocate in bags used to wrap products, or even ingest something that isn’t meant to be eaten. Whatever product you manufacture, take steps to protect yourself from debilitating court costs.

Personal Liability Insurance

Given today’s litigious atmosphere, it’s wise to have personal liability insurance. This will protect you if you cause damage to another person or their property and are sued as a result. If you like to participate in extreme sports where the likelihood of injury is high, personal liability insurance is a good idea. If you’ve been known to get a little rowdy after so many drinks at the bar, might as well have personal liability insurance. If you have pets, get coverage in case they bite someone or cause someone to trip and fall. And if you’re generally accident prone, get coverage ASAP, especially if you don’t have a lot of money saved up to pay your own way through a lawsuit.

The good news is that personal liability insurance is often bundled with other insurance policies, such as life insurance, auto insurance and homeowner’s insurance. There is also something called personal umbrella liability insurance, which adds additional liability protection to all of your other policies, increasing the coverage.

When it comes to liability insurance, it’s better to be safe than sorry. For more information on what kind of policy is best for you, talk to a trusted insurance agent.


Will Zika Cripple Brazil’s Fiscal Growth?


According to the International Monetary Fund, Brazil’s economy took a hit by 3.8% in 2015 and thanks to the recent outbreak of the Zika virus (affecting more than 1.5 million people in the country so far), the country is in all likelihood to face another setback by shrinking further by 3.5%.

How has Zika Affected Brazil’s Economic Scenario?

Now, let us start off by saying that Zika, alone, cannot be blamed for the country’s abysmal economic scenario. Brazil, already, is grappling with a few needling issues including political uncertainty, low prices of commodities among others. It can well be said that Zika has only gone to add to the country’s misery. However, let us tell you that economists are still not sure about the exact figures that would help them quantify the impact of Zika on Brazil’s economy or for that matter, on World economy. The country’s tourism sector has already suffered a blow with scores of pregnant women already rescheduling their flights to Brazil.

Can Zika affect the country’s growth? Find out from this video!

However experts are still hopeful about the fact that the country necessarily does not have to go bankrupt owing to Zika fiasco. And, the prediction is straightaway attributable to the fact that Zika is not a transmissible disease – at least, it has not really proved so, yet. As such, its adverse effects on indoor entertainment, retail and workplace attendance is not really going to last for long. Plus, as winter ensues, the country will witness the slowing down of the disease.

How Zika has affected Brazil’s Tourism Sector? Is there a way out?

Quite unfortunately enough, the country’s tourism sector is most likely to take a long time to bounce back. The future of the upcoming 2016 Olympics Games is already shrouded in mystery. The country, as such, is staring not only at possible revenue losses but an erosion of reputation as well.

Though experts refuse to trust present health minister Marcelo Castro’s ability to helm Brazil’s response to Zika, it has been maintained that the country’s institutional capacity to control outbreaks is commendable. Oswaldo Cruz Foundation, notably, remains one of the credentialed institutions working on characterization of the disease. Keeping the conflicting opinions in view, it remains to be seen how the country responds to the present problem at hand, keeping its financial constraints in view

Professional Indemnity Insurance – Claims made basis of cover explained

Professional Indemnity Insurance – Claims made basis of cover explained

If you are a professional and are looking at insurance for your business, you may be confused by the different types of insurance available.


If you have other people working for you, employees or volunteers, you are required by law to have employers’ liability insurance. This covers any accidents or injuries that occur to employees in your workplace. There are other types of optional insurance available, such as public liability insurance, which covers against accidental injury and property damage claims made by members of the public who have injured themselves on your property. For professionals, another relevant type of insurance is professional indemnity insurance, which is required for members of some professional bodies.

Professional Indemnity

Professional indemnity is a form of liability insurance. Unlike other types of insurance which covers a material property, i.e. a house or car, you are not insuring against an object and how much it would cost to replace. Professional indemnity insurance is for professionals who offer professional services or advice and you are insuring against a client being unhappy with the service or advice you provide deciding to take legal action. You need to ensure you have substantial insurance to cover the potential loss that you could face.

You will usually only face a professional indemnity claim when all other options have been exhausted or relationships have soured. Usually, before it gets to the stage of insurers having to deal with a claim, an amicable solution is agreed as not going through the courts is typically preferable to both parties.

Professional indemnity policies work slightly different to other insurance policies with regards to insurance cover and claim periods. Other insurance products, such as employer’s liability insurance, cover the period in which the event took place i.e. the policy that was in force when an extension to a house was built, which fell down three years later and crushed a car, is the one that would be liable.

For professional indemnity insurance, claims made and reported to insurers during the period of the policy are covered. Therefore, the event that caused the claim, i.e. you advising XYZ Inc to buy a new £500,000 computer system, may have happened prior to your current policy starting but if they take legal action while your current policy is in place, you are covered.

The downside this is that, if for any reason the policy lapse then there is no cover in place. Even a business that ceases to trade or ceases to be involved in a particular area should ideally continue cover in case there is a claim in the future.

When clients are unhappy with your service and decide to contact you regarding this, it is best practice to contact your insurer at this point. The complaint may not be a formal written letter stating their intention to take legal action; it could be anything from verbal criticism to an informal email. However, it can be difficult to know if it will turn into an official claim. For this reason, all insurers state that any event which may give rise to a claim needs to be notified to them.

Although it may seen initially confusing, once you have professional indemnity insurance in place, you can be assured that any mistakes or disagreements are covered and you are free to continue giving out good advice.



How to Cover Life and Long-Term Care Needs with One Single Policy

For years, insurance companies have offered long-term care policies to consumers that provide various benefits for nursing home expenses, as well as coverage for care that can be received in an assisted care facility, at home, and from a variety of other sources. Typically, though, these benefits have been provided via a stand-alone long-term care insurance policy.

Over time, however, new products have been developed in order to meet the changing needs and desires of consumers. Now, in addition to stand-alone long-term care insurance policies, there are also combination product designs. Such products can often involve a qualified long-term care rider that is attached to either a life insurance policy or to an annuity.

One of the biggest benefits to these combination products is that the policy holder (or their named beneficiary) will obtain at least some amount of benefit from their premium payments – regardless of whether or not they need long-term care services.

This can actually be viewed as a win-win situation in that an insured will either use some or all of the long-term care coverage and / or a named beneficiary will receive life insurance death benefit proceeds.

Combining Life and Long-Term Care Insurance Protection

A combination life and long-term care insurance plan allows an insured to obtain two forms of protection – all within just one single plan – and there are actually two ways in which this can be accomplished.

With one option, a policy holder can deposit a single lump sum premium. Here, the insured is able to receive a set amount of long-term care benefits if he or she needs covered care. However, if long-term care benefits aren’t used – or if funds are leftover – a named beneficiary will receive the remaining death benefit proceeds from the policy.3333533137_b94b6f10d7

In this case, the long-term care benefit is typically set as a percentage of the amount of dollars in the policy. For instance, if the policy contains $200,000 and the benefit for long-term care is 2% of that, then the insured will have $4,000 per month to use for their care.

The other combination life and long-term care insurance coverage entails placing an optional rider for long-term care coverage on to a base life insurance policy. Unlike the single premium deposit, these policies will generally require ongoing premiums.

These plans work as a regular life insurance policy that pays out a death benefit should the insured pass away. However, the long-term care rider provides “living benefits” to the insured should he or she qualify for a long-term care need.

Is Combining Coverage Right for You?

If you’ve been holding off on purchasing long-term care insurance because you’re afraid that you may pay out thousands in premium dollars, but never make use of the benefits – a combination policy could just be the ideal way to ensure that you or a loved one obtains a return from your paid-in capital.

For more information on how a combination policy can work for you, contact us. We work with more than 40 insurance companies, and we can help you in finding the plan that works best for your specific coverage needs and goals.

Brad Cummins is an independent life insurance agent and owner of Local Life Agents, one of the nation’s leading independent insurance agencies, offering life insurance products in all 50 states. Learn more about Local Life Agents at Follow Local Life Agents on Twitter @LocalLifeAgent.

Insurance Tips for 2016

We are so bogged down with problems cornering us in every aspect of our busy daily lives that we hope not to add more to that. After deciding to get ourselves an insurance that will secure our future to a certain extent we get into a dilemma of choosing the right insurance policy for us. If you have not yet decided on getting yourself an insurance policy, try and make this one of the priority commitments of 2016.

Here are some tips that may help you in this regard:

# One of the biggest reasons for getting an insurance policy is the thought of a secured future in financial aspects for you and especially for your loved ones in your absence or when you reach such an age; that you are not that competent to earn as much as you would have liked to. So make sure you get an insurance policy and that too at an early age, for example when you join your first job.


# There are different types of policies in today’s market; be wise while choosing one for you as there are always chances of getting carried away with the claims the products offer-  Term insurance policies, Health insurance policies, Fire Insurance, Car insurance and several others. You may choose policies based on your needs.

# One of the areas which needs to be taken care of while selecting a term insurance is the sum covered at the end of the term. Do not get carried away as the coverage may look a huge amount now, but always keep in mind that you may require to minus your debts.

# Always decide on an insurance company that is trustworthy. You can always study about the insurance company at the click of your mouse. So make sure you are making the right choice. Please go through the company’s web address and have a thorough read and understanding.

# Make sure you read the brochures and the form before filling it up. Never trust your agent blindly. Always take care that you furnish the accurate and valid details. Neglecting such an important aspect and trusting your agent completely may land you in trouble in the future while claiming the policy.

# Regarding getting ourselves a health insurance policy, we tend to defer it to point when we do not go through such an ordeal. Ignoring that, it will only add to your problems. A health insurance policy is as important as getting a term insurance is. Avoid neglecting it and waiting for the future.

# While deciding on an health insurance policy make sure to go through the details thoroughly and always see to it what are the different covers the policy provides. There are cover for basics, cover for terminal illness as cancer, cover for surgeries, some even provide cover for treatment costs abroad etc. Find out how exactly a health insurance cover works:

# Also keeping in mind the current social scenario where there are possibilities of differences opening up in our families, it is better to buy separate policies for each dependent.

Sincerely hope the tips are useful and we wish you A Happy Insured New Year.

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Is Identity Theft Insurance a Scam?

People have become more and more aware about their personal data and information being breached and misused. Following these outrageous incidents about identity theft and bank accounts being stripped off that all of us hear from time to time, people have started to resort to any protection means available. It is all very common, and also quite a trouble when you’re coming face to face with identity theft these days. If you’ve faced this kind of a problem previously, or you know someone who has been a victim of identity theft, then you’re much likely to accept the proposals of identity theft insurance just to make sure that you don’t get caught up in a twisted web.


                                                                         Image Credit – Pixabay

The increase in number of cyber crimes has made a lot of people run for cover. Those bespectacled hackers sitting comfortably in front of their computers and deviously stealing all of your money and stripping you of most of your valuables along with stealing your own identity have created an uproar, which led to insurance companies claiming to provide protection from these events. And just so you can sip coffee freely on your patio, you’ve decided to trust the companies providing this luxury as well. You’re not one to blame; nobody wants to deal with these kind of things, and worrying about identity theft is not your first priority during endless board meetings or shopping trips with the wife.

Just so you can get this excess stress out of your mind, trusting into the policy that is being offered to you by insurance companies to protect your identity and bank accounts is a common occurrence. And why wouldn’t you trust the policy? After all, you’ve always trusted this insurance company. But here’s the rub; there are people who have been tricked into identity theft insurance countless times. Not many have noticed this or taken into account that it might just be the fault of the insurance company itself and not theirs.

There have been instances where these insurance companies have conveniently tricked people into buying the policies—which, by the way, cost enough of your fortune anyway—and then presented the lousiest of results. Either the protection they initially offered didn’t meet its standards at all, or it incurred you more losses than you would have if you’d been hacked by a twenty-one-year old with a computer and a clever brain. It’s important to notice the obvious flaws in the plans that the insurance companies present. You might overlook them at first, but if you want to ensure that identity theft insurance isn’t draining your bank account itself, there are things to keep in mind.

What you should note is that if they’re making claims that seem more larger than life than a Star Wars movie plot, then you’re probably being played with. They’ll claim to provide you immense overall protection: something which they won’t fulfil when your credit card is stolen and is being used to shop for stilettos. What they should be doing instead, is to tell you exactly how much protection they can practically offer based on their resources, and how much significance this policy holds for you. Their claims should be based on facts, not on what their company hopes to achieve while providing you protection.

Don’t be mesmerized by how colourful their words are and how nicely they communicate with you over delicious tea and biscuits. They’re most probably making you believe that your identity will never be robbed even if their life depends on it, and when said attempt does happen, their hands will be tied, and you’ll be faxed a document whose tiny points you forgot to read before signing it. They’ll ask you to leave everything on them and rest assured during your next holiday trip to the Maldives, and by the time you return, your credit card will have the bill of a month-long trip when you only went for a weekend.

With your money, said insurance company will make immense profits while you’ll be left with nothing. It’s much better to pay attention to things yourself rather than giving away your trust to a company that is only going to trick you till the end. Awareness matters more than you’d think, and if you know what exactly you’re getting yourself into, you’ll be safer than others of your likes. Do your background researches before letting that smart-looking man walk into your home with a bunch of insurance documents to sign, which as he claims will ensure life-long protection from identity thefts.

While their proposal is being told to you, make sure to ask them questions that will give you the assurance that you’ll be given what is being offered. If they’re making fantastical claims, beware of those, and try to enquire about what they can actually do in case a hacker comes knocking at the door of your bank account or credit card. Ask if you’ll be paid what you’ve lost if identity theft does occur, despite the company claiming that it won’t. Make sure that your questions are being honestly answered instead of them dodging everything you want to know.

The usage of your credit card should be notified to you immediately as it is being done. Credit monitoring services are popular among these companies, but the claims they make are not always true. Make sure you’re keeping alert about any suspicious activities, because credit card scams are awfully common these days, which is unfortunate all on its own. In conclusion, all you can do is be more awake and alert than you’ve ever been when dealing with sensitive matters such as this.

Unexpected Costs to Consider for Businesses in the Energy Industry


The energy industry is incredibly competitive. There is little room for start-ups and fledgling enterprises, and this means that those venturing into the arena with the market giants must be prepared for every eventuality.

Supplying energy to consumers generally involves three key facets: producing energy, transporting gas and electricity, and marketing it to consumers. This is an immensely expensive process for even the most small-scale venture, and hidden costs lay around every corner.

If you’re planning on taking your place amongst the leviathans, then here are a few costs that you need to take into account…


Energy producing equipment tends to be extraordinarily costly, and many fledgling entrepreneurs underestimate just how much outlay will be required before any profit can be made. Generators, grids, and so on must all be put in place before you can start looking for customers, meaning that you’ll require a fully functional enterprise before you can begin touting for business. Any issues with these must be ironed out prior to trading commencing, as consumers tend not to be very forgiving of mistakes once winter hits and their homes need warming.

Power Stations

Power stations will constitute a fundamental part of your fledgling operation, and must be carefully designed and constructed according to your individual needs and current government policy. It will take some very skilled workers to build them for you, and their expertise will come at a premium. Be careful to calculate the total of all the costs associated with construction, and then add a further 20 per cent in case of complications.


Thirdly, consider the costs of hiring staff. No energy company can function in isolation, so you’ll need trained employees to deliver the service you provide, as well as to maintain and manage your power stations and equipment. Many of these will be able to charge a premium for their experience, and due to the constant developments in the industry, and the dangerous nature of working with energy supplies, they will require frequent training and retraining in order to deliver a premier service and create a safe working environment.


Finally, don’t forget to factor in the cost of insurance. Energy production is a niche industry, and businesses tend to have a high value attached to them. Ordinary commercial insurance providers will rarely offer the level of cover that you require, so you must consider specialist outfits such as Catlin instead. Responsible for underwriting many of the world’s most expensive and successful ventures, these experts will be able to provide the level of protection that you need, meaning that the business you’ve given your all to is fully protected should disaster strike.

Safeguard the future of your energy enterprise and be prepared for whatever life may throw at you.


How to Reduce Your Insurance on Your Van

As your insurance is likely to be one of the biggest expenses incurred when you own a van? it makes sense to try and cut the cost down however you can. This is particularly important when it is used in conjunction with your business as the costs can easily mount and eat into your profits. Here are some tips on how you can cut down on your insurance costs: –

Improve your driving

Improving your driving will not only reduce the risk of you being involved in accidents but will also reduce the chances of you having to make claims which are sure to bump up your insurance premiums. Another option is to take an advanced driving course. This will help to show insurances companies that you are a ‘safe’ driver and should help to lower your premiums.

Named Driversfleet

Although having named drivers may be necessary for your work? it could be costly when it comes to your insurance. You can try to keep this to a minimum by ensuring that you keep you add as few a named drivers to a minimum and by thoroughly vetting those that you do add.


Another simple way of reducing the cost of your insurance, and which you might like to do anyway, is to secure your vehicle. This can be done by adding an alarm, extra locks or even an immobilizer. This will not only help to keep your vehicle and any tools that you are likely to keep in it safe but will also reduce the risk your insurance companies perceive your van to be in.

Type of Cover

The type of cover that you choose could also reduce the amount of your insurance premiums. Although it is important that you have sufficient insurance coverage to protect yourself and others it is also worth considering, realistically, how much cover you actually need. After all if you have a really old van that is worth very little you may not feel that you need the same coverage as if you have a brand new van. In either circumstance you will need at least third party or third party with fire and theft coverage but you may not feel that you need fully comprehensive cover.

Voluntary excess

You may also be able to reduce your voluntary excess by agreeing to a higher voluntary excess than they initially offer you.

Ask the Experts

One final way you could save money on your car insurance is to get a company such as A­Plan to do the leg work for you. Insurance brokers will look at all of the different policies for you and come up with cover that is tailored to you.

Basics of Travel Insurance

Amongst a wide variety of complicated and confusing financial topics, you also have Travel insurance. This article will throw some light on how travel insurance works, so that you consider a few things before being registered with an insurer. Once you’re aware of the travel insurance details, you’ll know how to keep yourself from issues concerning claims.

You must read through a few basic Travel Insurance articles that analyze coverage features before comparing travel insurance policies. Likewise, you must understand how travel insurance works to be able to avoid future hassles concerning claims.

How Does Travel Insurance Work?

Travel insurance provides a net of safety so that you can purchase coverage for protecting yourself under circumstances when your travel plans are marred by negative influences. It shows a close resemblance with different insurance policies.

Some of the travel insurance must-knows have been described mentioned below –

  • Before your trip gets disrupted, you must buy travel insurance. It’s like protecting your house before it goes on fire by purchasing home insurance.
  • Prior to buying your travel insurance, you must go through the policy papers very carefully. It will give you an idea of what your insurance policy will cover and what it won’t. You may go through the clauses that explain the exclusions to make things easier for you. Make sure that the policy clauses are well understood by you before you sign up.
  • Submitting documentation of your particular issue makes it easier for you to file your claim in case you meet with a problem. It is quite similar to filing an auto insurance claim wherein you’re required to show police reports as proof of the issue.couple_on_beach
  • A reimbursement structure is followed in case of travel insurance like any other form of insurance. You’ll need to bear all expenses upfront in the event of an accident, and you may get it compensated by your insurance service provider whenever you’re claim gets approved.

Travel insurance covers you for evacuation services, medical services, trip cancellation, flight delays and a wide range of other concerns. Comprehensive policies are often bought by those who travel frequently. A wide variety of things are covered by the right comprehensive travel insurance policy such things may include coverage for medical costs (to a certain extent), coverage for loss of baggage and benefits of interruption and cancellation of trips to a minimum level.

Depending on your specific coverage needs, you’ll be able to avail additional travel insurance of various kinds alongside the standalone benefits that you’re enjoying and those falling under your comprehensive coverage. Medical evacuation and pre-existing health condition waivers are some of the popular types of travel insurance that you may use besides your current coverage. Knowing all these travel insurance basics will always help you in the event of a crisis.

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