How Necessary Is Travel Insurance

How Necessary Is Travel Insurance

Many people find they are counting the pennies at the time they book their annual family vacation, and perhaps even more in order their departure date appears on the horizon. 
It's perhaps totally normal to start wondering about whether or not you really must invest in travel insurance for family vacations or if you're able to get by without it, if you should be trying to find a few economies.



Let's take a look in the issues included

Medical costs - Outside of EU

In countries outside of the European Union, such cover could be even more essential. For instance, in certain portions of the earth, if you are sick and require medical attention, until you are able to establish your eligibility to pay for through cash or a suitable policy the medical results might be truly horrible.

Medical costs - EU

If you're seeing a country of the European Union and get a European Medical Insurance Card (EHIC - freely available from the NHS), you'll be entitled to emergency cover on the exact same basis as the citizens of the nation you are in. Try to remember, however, that will not cover things such as medical repatriation, in the event you need it, or the prices of your family members being pushed to remain on longer than planned. You'll need medical cover to help cope with those and other similar connected costs.

Non medical costs

It's really a sad fact that you're also at additional danger in certain areas, whenever you are on vacation.

If you do not understand, you ought to be aware that, whether in the United Kingdom or international, there are criminals and specialist thieves that target holidaymakers. Luggage or private possessions may be stolen, and you'll need to live together with the price of replacing them unless you have some type of travel insurance. For family groups this really is even more important.

Then there is simple misfortune. What would take place if your airline or holiday company collapsed? Can you have the finances to manage with needing to change out your suitcase if it were lost en route?

As an illustration, if you've booked a resort privately in order to find upon arrival you are double booked or that it has closed down, you might find it quite difficult to advance a claim against them.

Peace of mind

Once you go away, this is a fair bet that you will be hoping to reach a degree of peace and tranquillity of mind. Sitting around worrying about what might happen if, as an example, you are forced to cancel your journey, and also the financial hit you'll take in writing off the cost to date, is not going to allow you to achieve that.

Basically, that's the reason travel insurance for family holidays is significant even if it's the case that you do not need to call upon it - the supply of the peace of mind.

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It Worth The Risk Patient Collections

Patient Collections - Is It Worth The Risk?

Research has shown that a patient that gets sent to collections is 70% more likely to leave the practice than a patient who was not sent to collections. If a non-paying patient does not return to the practice, no revenue is lost. However, if a paying patient is mistakenly sent to collections, the cost of that patient leaving the practice will be felt.

• Annual Average Patient Billing $ 2,500 
• Average Patient Life Span with Practice 7 years 
• Lifetime Dollar Value of Each Patient $17,500 

Since 37% of patient statements initially sent are inaccurate, and more than half the patients wrongfully sent to collections stated they never received a statement; does it ever make sense to turn patient accounts over to collections.

The answer is YES. However, before any accounts are sent to collections, it is wise to first make sure they go through a comprehensive pre-collection process including the following:
Statements are sent
Questions on the account are satisfactorily answered
Incorrect balances are fixed
Posting errors are remedied
New insurance information is updated
Secondary insurance is filed
Effort was made to locate the patient
Effort was made to inform the patient
Once these steps have been taken, unpaid patient accounts can safely be sent to collections. To further mitigate the risk, when choosing a collection agency, make sure that:
The agency specializes in medical collections and doesn't use aggressive tactics. It is imperative that your collection partner understands the nuances of the medical industry. You do not want to use a vendor who is calling on gym memberships one minute and calling your patients the next. Medical bills are not only financial but emotional for most patients. Therefore, these patients must be handled with kindness and respect.
The agency provides you with 100% visibility. If they aren't showing it, they most likely aren't doing it. Demand complete access to view the status of your accounts at any time so that you are fully aware of how they are being worked.
The agency records all phone calls. How else are you going to really know "what" they are saying to your patients and "how" they are saying it? You should be able to request any phone call at your discretion.
The agency provides a convenient on-line way for patients to pay. The more options given, the more likely patients are to pay.
The agency comes highly recommended. The agency should be able to provide endorsements from other medical providers.

Following these guidelines will increase the success of sending patients to collections without repercussions.

Find the Best Possible Deals

Cheapest Auto Insurance

How to Find the Best Possible Deals

The numerous aspects involved in owning and running a car makes it one of the most expensive possessions anyone can own. A house is obviously the biggest, but with gas, car payments, tax and maintenance, the car-related bills pile up. Finding the cheapest auto insurance possible is understandably a priority.

The catch is that insurance is an absolute must if we want to drive our vehicles on the road, so there is no escaping the obligation. The good news is that with enough searching and some clever moves, it is possible to find a selection of low premium policies, the best of which depends on your circumstance.

Of course, the quality of coverage should not be sacrificed for the sake of a low cost auto insurance quote, but with some of the unnecessary frills that are added to policies, it is possible to shave the unnecessary to gain savings. So, what can be done to lower the cost?

Comparing Quotes

This is hardly a surprise technique to finding the cheapest auto insurance around, but there is a certain trick to locating the best deals. The fastest way is, of course, over the Internet, and the development of comparison sites has meant the best deals according to your preferences can be located quicker than ever.

The usual procedure is to enter some basic information into an instant quote request form, and wait a few seconds to get a result. However, it is better to send a more detailed quote request, even if it means waiting for 24 hours for a reply. Remember, getting low premium policies is not always down to price, but the quality of the coverage too.
In the event that a good deal is spotted, it is essential that direct contact is made with the insurance company either by email, online chat or by telephone before any auto insurance policy is signed. Also, be sure to check out the reputation of the company on the BBB website.

Go To Who You Know

In these days of choice, it may seem strange to recommend going to a familiar insurance company, but it has more to do with the potential for securing major discounts than anything else. If your home and health insurance is already held by one company, the cheapest auto insurance may be available there too.
This is because of the concept of bundling, where a company is likely to agree to major savings for a customer to get all of their insurance needs from them. While low premium policies are great, there are other advantages to enjoy too.
Not least amongst them are the future discounts that may be on offer. For example, some companies will offer a discount on home insurance if there is no claim made on their auto insurance policy. Bundling allows for the transfer of benefits, though the exact terms depends on the insurance company.

Improve Your Security
Finally, a good way to ensure the cheapest auto insurance is to enhance the security levels on the car. This means that the chances of your vehicle being stolen are reduced dramatically, and with it the cost of the premium.
Some simple options are needed to accomplish this. For example, get an immobilizer put on your steering wheel, or have an up-to-date alarm system installed. There are also other anti-theft gadgets to install that can make a difference, including in-car cameras linked to the internet, allowing for fast thief recognition.
There are low premium policies out there to find, but as has already been mentioned, the true value of an auto insurance policy is the quality of coverage it provides. After all, the most expensive outcome would be to have to pay for repairs because the damage was not covered.

Why Insurance Agents Succeed at Sales

Why Most Insurance Agents Succeed at Sales

Success in selling Insurance is not an accident. 

When you first start off it's hard but the more you learn about how to succeed at what you are doing, the easier it becomes.
Success and failure is not an accident. You don't fall into success nor do you fall into failure. Sadly more people walk into failure than they need to. It is my hope that this article will give you some steps you can take on the path to success in Insurance sales.

1).- Set a sales goal - there is a ton of information available on goal setting so I won't address those in this article. Keep in mind that a goal is like the bullseye an archer aims for when he draws back his bow. You cannot hit a target you don't aim for. Let your sales goals reflect the targets you want to hit in your career.

2).- Make a plan to reach that goal- break it down so that you know each day the activities you need to perform to hit your goal. For example, if you want to earn $100,000 a year you know that you need to make $2000 in commissions each week (taking 2 weeks off for vacation), which breaks down to $400/day and $50/hour. Each task that you perform must be equal to someone getting paid $50 for the job. See your time being worth $50/hour.

3).- Control your activity to increase your productivity, in line with making a plan you must control your activity. If you spend 3 hours a day reading emails, listening to voicemail, mailing envelopes and taking coffee breaks, you are losing 3 hours a day which is $150/day, $750/week and $37,500 a year. Can you afford to lose $37,500 year to non productivity? I can not.

4).- Stop making excuses for failure - Failure is not an option. When some agents are failing, they blame everyone but themselves. "It's the leads; it's the clients; it's because I have no support staff; it's because I have no money." Take 100 responsibilities for your actions. Failure is waiting for us all. Leave him at the bus stop.

5).- See yourself successful - Finally, see yourself succeeding. Nothing causes more failure than a mental image of failure being acceptable and expected. Look instead at how much better your life can be if you hit your sales goals, achieve your income projections and have time to share your wealth with people you love and care for. Nothing in life is better than that!

Bonds and Insurance Different Things

Bonds and Insurance Are Two Different Things

This is always where the conversation starts. Why? Because if you think a bond is an insurance policy, you will have the wrong set of expectations.

It's a common problem. When a bid or performance bond is needed by a contractor, who do they call? Their insurance agent.

The insurance agent is an intermediary. They represent and provide access to insurance companies - the actual providers of the insurance and bond products.

Another reason is that business people are likely to have prior experience with insurance, but not necessarily with bonds.

If you are seeking a bond, you're likely to become very frustrated unless you have a correct understanding and the expectations to go with it.

Here are two basic differences between insurance and bonds:

1. Insurance transfers risk of a specific event from the insured (policy holder) to the insurer. (Example: The risk of financial loss due to fire is transferred from the insurance applicant to the fire insurance company.) With a bond, the bond applicant HOLDS the risk.

2. Insurers charge rates that expect a certain number of claims and losses. Sureties do not expect to have claims or losses and do not charge enough to pay for them.

There are other additional differences, but let's focus on these two. With a bond, the surety is backing the bond applicant performance for the benefit of the party paying for the work. If a problem develops, it is still up to the applicant to solve it. In fact, contractors give their indemnity to the surety (promise to reimburse the surety if they fail to perform and the failure costs the surety money.) So when a bond is in place, it is even more important for the contractor to perform correctly. With insurance, you pay a premium to reduce your risk. With bonds you pay the premium, but have even more at stake than on an unbounded project.

On the second point regarding rates, this helps explain why bonds are hard to obtain. If the surety has no tolerance for claim or loss, they can only provide bonds for the most qualified applicants. This means you must present yourself in the best manner possible if you hope to obtain a bond. Doing so requires good financial reporting, record keeping and complete disclosure. We'll talk more about this later in this series.

If you understand the decision-making on bonds, it will help you navigate the process.

Insurance and Holidays

The Insurance on your Holidays

Having booked your longed for break abroad, dusted off your passport and sorted out the suitcase, the last thing on your mind will be that anything could go wrong on your trip. But things can and, inevitably, do!

One of the first priorities to consider after your tickets are booked is to get holiday cover signed, sealed and paid for before you take one step further out of your home. Buying an appropriate holiday cover policy from a reputable insurance company could be the best investment you ever make, and you may well be surprised at how affordable it can be.

Don't leave home without it.
Whether it's a single trip policy, a policy to cover all the family, or even an annual policy to cover you for the entire year, the price of insurance can often be far less than you expect - and far more valuable than you could ever imagine.

Most of us don't like to think of the "What happens if... " scenario, but unfortunately what "happens" tends to be when we are at our most relaxed - on holiday. If you're in an accident abroad the medical expenses incurred can be nothing short of crippling, but even if we're just talking lost luggage, taking holiday cover enables you to relax that little bit more. You'll know your insurance policy is there to back you up - whether it's a trip, fall or something bigger.

The key is knowing the insurer will be there 24 hours a day, seven days a week, and that they are providing the best available services to you and your family. As long as the policy encapsulates everything you may encounter, you're home and hosed.

Choosing the right policy
Sourcing a good insurer is one thing, but getting the right holiday cover policy is the next hurdle. Read the small print of potential policies, query anything you are unsure about, check out the medical expense limits and know that the cover extends to any adventures you want to get up to. For example, does the cover exclude dangerous sports in case you want to bungee jump on the spur of the moment? Making a rash or spontaneous decision on holiday could be expensive if you find the policy excludes the pursuits you want to take part in.

Ensure the policy has sufficient medical insurance as well as provision if you have to cancel the holiday due to any unforeseen issues, such as a death in the family or you are suddenly made redundant. Ask your insurer questions: how much they will pay out on luggage delay and loss of personal belongings; whether you will be compensated for flight delays; and what will be your personal liability if you happen to cause an accident.

Understanding other elements, such as excess, how it works and what countries you won't be insured in, are also worth checking out. But with all these aspects considered, you should be able to travel in confidence and enjoy your trip abroad.

Auto Insurance and Accidents

Accidents

Most states need insurance plan only to register a motor-vehicle. It's the law. However, regulations or not, you have car insurance to safeguard yourself, your nearest and dearest and your assets. We live in a litigious society where suits are typical and facing a litigation is something you really do not need to confront.

Picking the best coverage in the best quantities is crucial to the protection of all things significant to you personally.

The Price of Coverage
Car insurance prices cash. 
The amount of money is dependent upon numerous variables including.
Your driving history.
Your marital status.
The sort of automobile you drive.
How old you are.
Where your house is (and where you do the majority of the driving).
Number of motorists.

Vehicle Coverage
A good car insurance coverage covers many different typical contingencies encountered when driving down the byways and highways in route to work.

It's required in many states because the other driver is protected by property damage coverage.

The courts are clogged with cases involving physical injury claims and also you do not need to increase the log-jam.
Collision insurance pays to fix or replace a car that is been in an injury.
It does not take much to roll-up astronomical medical costs even in a small car accident.

Collision coverage is only one area you'll be able to save a little cash. Raise the deductible and reduce your monthly obligations. Or, you can lose collision coverage entirely and just obtain a fresh automobile in the case of an injury, should you drive an old clunker on its last legs. That is clearly a choice only you can make.
Younger drivers have more accidents, consequently, their insurance costs are higher. The variables that determine how much your auto coverage charges are different - some controllable, some not.
For those who have a few speeding tickets, and you've got had a few mishaps (slow down) your monthly car insurance premiums will be greater.

Vehicle Insurance Coverage:

Begin by talking to a specialist. Speak with an insurance agent. By bundling your home and car insurance you frequently save cash on both. With insurance prices ever in the upswing, saving on insurance protection is usually a great thought - so long as you are protected with a reliable insurer who pays claims immediately and values the devotion of its own homeowners and insured motorists.

Another chance? Your banking. Within a car loan arrangement, something which may save money to you and also make it simpler to have an automobile loan Automobile insurance is often sold by banks. That lender is more apt to assist you receive the auto you'll need, when the financial institution understands its interests in your vehicle are covered.

Accidents occur. Be ready with the proper car insurance to safeguard you as well as your nearest and dearest if they do.

Prior to getting behind the wheel, even for a fast drive to the shop, pull out your auto policy and examine policy limitations. Do you have sufficient coverage to safeguard your nearest and dearest in case of the serious car accident? This really is serious business. Check now. Phone your agent.

How much protection you desire should be something you decide together with the guidance of an insurance pro. You need enough coverage to safeguard yourself, your family along with your assets, including your house, however you also do not wish to pay for coverage that you do not need. Yes, it is possible to cover more coverage than you really desire and an insurance agent or the local bank's insurance professional will allow you to define your own risk exposure to insure that risk with a great car insurance plan.

Thus, speak to a guru. You may be under insured or over insured at this time. Neither situation is great. Maybe you are exposed to more danger than your present coverage provides, getting your future in danger.

Get covered, Then get on your way.