Insurance

Pennsylvania Home Owner Insurance – Are Homeowner Rates Going Up?

Pennsylvania Home Owner Insurance – Are Homeowner Rates Going Up?

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There has been a noticeable change in homeowner rates in Pennsylvania. The natural disasters of recent years have caused some shortages in the necessary supplies and materials to repair homes. The homeowner rates in Pennsylvania are affected because there is a higher demand for these materials and so the rates have increased. The homeowner policy was at one time one of the most affordable insurance policies on the market. In fact, it may have been under priced.

The increase in rates can be offset if you use the concept of self-insuring. Self insuring is nothing more than assuming more of the risk on your homeowner policy by taking a higher deductible. The lower deductibles no longer justify the higher premiums. There are a lot fewer claims submitted on a homeowner policy as compared to the auto policy. You will save thousands of dollars over the life of your homeowner policy by using a higher deductible.

John Edwards Says He Will Fight Drug And Insurance Companies – Promises To Fight For Health Care For All Americans

John Edwards Says He Will Fight Drug And Insurance Companies – Promises To Fight For Health Care For All Americans

Elizabeth Hugging Cancer Survivor

(Best Syndication) Cancer has been called the number on fear in America and Senators Hillary Clinton and John Edwards both have made statements concerning the disease. Along with New Mexico Gov. Bill Richardson and Rep. Dennis Kucinich, D-Ohio, the candidates have called for an increase in the $4.75 billion spent on research.

Edwards has advocated a nationwide ban on smoking in public places while Hillary said she would rely on local governments to enforce their bans. When asked if a Federal ban would be constitutional, Edwards said he would need more time to think about that.

More People in the US Without Health Insurance – Census Estimates

More People in the US Without Health Insurance – Census Estimates

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(Best Syndication) The US Census Bureau is reporting that a record number of Americans are going without health insurance and an estimated 6.7 million adults and children in California are without coverage. This means nearly one in five of the state's residents do not have health insurance. There are about 47 million people nationwide without health insurance.

The figures reflect 2006 numbers and are part of the “Income, Poverty, and Health Insurance Coverage in the United States” report released this month. The research shows that although the average household income rose seven-tenths of one percent in 2006 to $48,201, it was still below the peak of $49,244 reached in 1999. The number of children without insurance has grown two years in a row.

Terms and Conditions Involved In A Life Insurance Policy

Terms and Conditions Involved In A Life Insurance Policy

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(Best Syndication) Life insurance, sometimes called life assurance, is a method of protecting the family in the event of the death of the family breadwinner. It is a contract between an insurer, or insurance company, and the policy holder whereby a benefit is paid to the designated beneficiary (or beneficiaries) in the event an insured event occurs which is covered by the policy.

The terms of the contract are spelled out. These terms will include the length of the contract, the premium payments, and the amount to be paid to the beneficiary or beneficiaries in the event of death to the insured. Typically a policy will not be paid if the death is caused by fraud, war, riot or civil commotion. Fraud is another exemption.

Catastrophic Health Insurance Coverage

Catastrophic Health Insurance Coverage

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A catastrophic or major medical insurance plan is a deductible and comparatively cheaper form of health insurance with an element of speculation to it. A deductible is the amount you pay out of your pocket for medical expenses before the insurer pays the balance.

For instance, if your deductible is $5,000 and the hospital bill is $12,000, the insurance company will pay only $7,000. The general rule is the higher the deductible, the lower the premium. When you opt for this plan, you're gambling that you will not face major medical problems in the near future.

It is a calculated risk. According to one survey, the annual medical expenses of 90% of the U.S. population are less than $2000; for 73%of the population, it is below $500.

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