Surveys of self-employed individuals consistently show that one of their major concerns is the ability to buy affordable health insurance. One in 4 self-employed persons has no health insurance today even tough more than 70% of these people could afford to buy high quality health insurance if they had an effective buying strategy.1. Have a budget and set realistic expectations. Realize that the purpose of insurance is to cover unexpected and otherwise unmanageable expenses. Most good plans cover “ordinary and necessary medical expenses” but not your health club membership. Look for coverage that provides protection but avoid being drawn in by the marketing sizzle. Do not buy health insurance with the primary intention of picking up the cost of your existing ordinary medical expenses like prescriptions, routine dental care and annual check-ups. Health plans exist for almost every budget. Remember that no one is excluded from receiving medical care for an acute condition because of the type of their health insurance plan, but rather medical treatment may be denied because they dont have any insurance coverage at all.2. Realize that there are trade-offs in every health plan. The lowest priced high quality health insurance plans excluded coverage for pre-existing medical conditions and require periodic re-enrollment. It is often better to take the less expensive insurance any pay for small uncovered expenses yourself. But if you need to find full takeover coverage, then you cannot expect to be offered the insurers lowest rating.3. Think short term. Most individual health insurance policies for self-employed persons actually stay in force less than a year. Buy the plan that offers you the best deal right now and do not worry about whether it will be available in a year. In 12 months, a whole new generation of health plans will be available. It would not be smart to keep the same plan for more than two years because new plans are evolving rapidly. A plan that you bought more than 2 years old would not likely represent the best value for you today. 4. Use student medical plans and foreign travel plans if you qualify. These plans offer better deals than traditional coverage.5. Choose a higher deductible. By taking a $1000 deductible, you will save more than $1000 in premium payments over a year’s time. This should be an easy decision from a mathematical viewpoint, but still many people buy policies with a low deductible. It makes no financial sense to pay an insurance company $1000 in premiums for medical care that you could buy for $600 cash.6. Choose indemnity type coverage and avoid HMOs. This lets you and the doctor that you choose maintain control of your own medical care. This saves money in the long run by allowing the best course of treatment from the outset of any medical condition.7. Use the Internet. Technology now allow for online pricing and enrollment with policies issued within 24 hours. Savings have resulted in lower premium prices. Some plans offer premiums as low as $25 per month for catastrophic coverage for young people.8. Avoid the scams. Unfortunately, self-employed individuals are a prime target market of numerous health plan marketing scams. State insurance departments continuously shut down disreputable plans, but new ones sprout up just as quickly. Well-established and reputable health plans are obtained from well-established and reputable distributors. Good health plans do not use multi-level marketing schemes. All individuals handling your health plans enrollment should be licensed, bonded and insured. Beware of individuals who claim that they do not need an insurance license in your state or can not provide evidence of errors and omission coverage or a bond issued by an insurance company. Remember the old adage if it sounds too good to be true. This certainly applies when shopping for health insurance.

All About Getting Car Insurance

by

Adriana Noton

They may seem all the same to you, offering more or less the same products and services for rates that seem to be similar as well. If you make time for it however, a little research will reveal otherwise when it comes to car insurance.

There is actually a significant difference in the auto insurance quotes you will get from different firms for the same auto insurance policy. Taking the time to look at the different car insurance quotes and the terms and conditions is therefore well worth it for the savings you could make in premiums payable.

One factor that plays a role is determining premium rates for auto insurance is a drivers personal circumstances. An adult driver for example, who had held a driving license for at least five years, with no incident and accident and who has no claims made to an insurance company will get a good rate. An adult driver however who had a history of even one accident that had seen them make a claim will be charged significantly higher premiums for the same insurance policy.

A drivers status as regards their dependants will also play a part in determining the premium rates that are charged. A driver who has children who are frequently driven in the car might be quoted less compared to one who is single or has no dependents. The insurers logic is that a family car in which children are often driven around in will be more cautious on the road and therefore poses less of a risk.

The single person or one without dependants is seen as a higher risk driver who would be less cautious and perhaps take more risks on the road like over speeding. It is also assumed that a younger, single person is more likely to use the car to get to and from social places where they are likely to indulge in alcoholic drinks. They are therefore seen as posing a bigger risk when on the road.

When it comes to comparing insurance terms from different companies with the view to getting the best rates, take the advantage of the fact that rates are available online. These days, most if not all insurance firms have online presence in recognition of the fact that most people use the internet more than any other media to look for information.

All you have to do is enter the relevant personal details and you will get an instant car insurance quote from all the insurance companies in your locality. For instance you will be asked for details like the make of the car you drive, your age, gender, your history as a driver and personal history like immediate family members such as dependants.

Apart from premiums rates, look at a company\’s reputation when it comes to settling claims and making if they do so in a timely manner. When faced with a situation like a car accident, you do not want to keep going back and forth to your insurer for compensation. There are several companies offering car insurance but they have terms that vary significantly. Take the time to search for the best possible deal you can find for yourself.

With years of experience and a good driving record, why pay more for

car insurance Alberta

when you have earned the right to pay less.

Article Source:

ArticleRich.com