Not yet registered? Create a OverBlog!

Create my blog

All about Supplemental insurance

Supplemental insurance is that extra insurance taken to pay for services which your normal insurance will not pay. These are out of pocket expenses like deductibles, coinsurance as well as co-payments. The supplemental insurance benefit is usually paid as a lump some or over a certain period. The supplementary insurance cash benefit can be used to do a variety of things. It can cover your food expenses, medical expenses, transportation and any expenses which result due to an injury.

Critical illness insurance

This is a type of insurance which helps you to lessen the burden of a chronic disease like cancer. The lump some benefit which you receive from this type of supplemental insurance will cover additional costs which are a result of your medical condition. Such costs are neither covered by your normal health insurance nor by a disability cover. You can use the lump some to pay household expenses, travel expenses, utility bills and deductibles. Different health insurance companies provide this cover although they may use different names.

Accidental death policy

This is another type of a supplemental insurance. In fact, there are two types of accidental policies. Types of policies The two types are the accident health insurance and an accidental death and dismemberment insurance. The two policies are sold as a combined policy and benefits differ due to different insurance regulations. Combined health policy The combined policy pays a lump some benefit to surviving members after an accident or a smaller amount if you suffer an injury or lose a limb or any body part. This type of supplemental insurance does not however cover deaths or injuries due to suicide or natural causes. Accidental health insurance Accidental health insurance on the other hand will pay for medical bills as a result of an accident which are not paid for by a normal health insurance policy. The medical insurance companies will also cover homecare services and travel expenses.

Hospital indemnity insurance

Also known as hospital confinement insurance, it basically pays a cash benefit whilst you are in hospital due an accident or any type of illness. This lump some benefit can only be paid after a certain waiting period, payments are done either daily or on a weekly basis. The hospital indemnity insurance will provide this additional cover you would not get from a regular health insurance plan.

Same category articles Insurance

Tenet Healthcare: The facts

Tenet Healthcare: The facts

Tenet Healthcare is a publicly owned health care delivery systems company headquartered in Dallas, Texas. It towns 49 acute-care hospitals and 59 out-patient clinics, mostly in California , Florida and Texas. The hospitals offer a full range of services from diagnosis to surgery and recovery. The company's stock price has had significant fluctuations in the past few years, partly because of the changing health care laws.
How to choose loss adjusters

How to choose loss adjusters

Loss adjusters are insurance professionals who are appointed by insurance companies to assess and evaluate losses on behalf of insurers. They basically work for insurance companies and in most cases they are expected to protect the interest of the insurance company that they are working for. Loss adjusters specialise in different areas and there are many things that you need to consider when choosing one.
All about: UK landlord insurance

All about: UK landlord insurance

Everybody needs insurance. It is an important element of every person's life and is needed to protect important assets. In this article, UK landlord insurance and explanation about what purpose it serves to those who are unsure of it, will be discussed thoroughly.
Compare the prices of Erie Insurance

Compare the prices of Erie Insurance

The majority of Erie Insurance customers are happy with the services that this insurance agent provides. This insurance company has great financial strength, offers comprehensive policies and has reasonable pricing on their products. Consumers who are looking for auto insurance should consider using Erie Insurance as their auto insurance provider.