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carterhancock

Axis Capital, Bermuda: Health Insurance False Promises to Indonesians created many comp... - 2 views

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    Up till now for all the numerous healthcare schemes that have begun at district and provincial levels, the general image is one of failing health pointers and facilities through the country. A 2008 World Health Organization report found that decentralization has ran to the erosion of a once incorporated health system, extremely discouragement the worth of disease surveillance and public health programs. Diseases like polio and leprosy, once under control, are resurfacing and the districts are not capable to attend to these or other complicated diseases like avian influenza. AXIS Capital is a group of global insurer and reinsurer, providing clients and distribution partners with a broad range of specialized risk transfer products and services, i.e. health insurance that serves a host of industries and diverse coverage needs through our operating subsidiaries and branch offices in Bermuda, Australia, Canada, Europe, Latin America, Singapore and the United States is in one of the Indonesians who are given false promises. There are many complaints. Health experts are doubtful of local programs that are presented by district officials with slight knowledge or experience in the health sector. The occurrence that many plots are intended chiefly to entice votes frequently means that they do not match the community's complex health requirements. And some regions are stressed to handle the costs. In East Java, where the government once agitated for regional administrations' right to implement local programs, healthcare services are overwhelmed and underfunded. In 2010, the program was seriously in debt, with a budget distribution of just Rp50 billion (a little over $US 5 million) and costs count Rp112 billion. This type of blow-out is not unusual. Frequently it occurs for the reason that the poor health infrastructure may not be able to deal with the unexpected spike in demand that comes once services are proposed for free. Sometimes the problem com
carterhancock

5 Types of Homes Which Are Hard To Insure - 1 views

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    We know there are still people out there who are still wondering what home insurance is and are planning to get one. However, before you get one, Axis Capital with a group of insurance and reinsurance companies all over the world provides you this check list to review and consider about the mutual relationship of your home and insurance. First off, the home of your dreams may be a nightmare to insure if it's built in a disaster-prone area, is above a certain age or has a checkered claims history. It doesn't necessarily mean you can't find homeowners insurance anywhere, but you may end up paying a steep price for it. 1. Homes in disaster-prone areas We have thousands of disasters every year. From tsunamis in Sumatra affecting lives to almost all islands in Indonesia including Jakarta in 2004 to earthquakes in Japan losing millions of dollars and hundreds of lives in 2011 to typhoon Katrina which devastated not only America but other countries as well, insurance companies have the reason to insure their own business. Take precautions, listen to warnings and make preparations. 2. Older homes You love the charm of your 1920s bungalow or Victorian-era home, but the age and style make them harder to insure. Insurers also are likely to shy away from insuring your home if the electrical system and plumbing haven't been updated or the roof hasn't been replaced. 3. Vacation homes Your vacation home may be your own personal retreat, but because it's unoccupied much of the year; it can be a challenge to insure. Installing a burglar or fire alarms will help you decrease your risks and may give you a little leverage in your insurance. 4. Homes with a trampoline or
carterhancock

Possible Reasons you are turned down for Life Insurance Application - 1 views

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    It really is frustrating when you get rejected so many times when you are applying for one of the most vital necessities in our lives nowadays. Before you get frustrated and file any complaints against your insurance company, you should first understand the possible reason behind it. The following are existing general policies in the insurance industry. Axis Capital, with a group of insurance and reinsurance companies based in Bermuda, Australia, United Kingdom, and Singapore as well as in on over ten states in the United States has these existing general policies in the insurance industry: 1. You have specific health condition Critical health issues may affect your insurance application. Someone who has cancer or has had a heart attack might be declined for a traditional life insurance as they are perceived to require a more special policy and attention. There are, however, people who get declined for life insurance for health reasons simply because they applied with the wrong insurance company. For these cases, you have to inquire to high-risk insurance company to help you figure out the best course of action. 2. You participate in high-risk activities Let's be honest here. The possibility of underrated claim is high during these situations and the insurance company may face a lot of loss. Some professions which also require higher risk may also not be permitted. There are a few insurance companies which can insure scuba divers but this is depending on the type of diving and the frequency of your diving activities. 3. You have some financial issues To get approved for a life insurance, there has to be financial justification. It's would the best time to review your status as soon as possible. If you don't have any income but your spouse does, you can typically get as much coverage as your spouse. If you don't have income and can't financially justify the need for life insurance, you might get declined for a life insuran
carterhancock

Data Controls and Metrics in Asia Pacific - 1 views

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    Developed countries from the West are not the only ones who are upgrading their systems against insurance theft. With the widespread of technology and the integration of new knowledge and computer geniuses, even those living in the suburbs of Africa now has their own system to secure their data and confidential information. Axis Capital, with group of insurance and reinsurance companies in Bermuda, Australia, United Kingdom, Singapore and in over ten states in the US, is one of the many companies reported to first integrate a more tighter security system in the start of 2015 in the Asia-Pacific. Data theft and fraud are fast becoming key issues for regulators and law enforcement across Asia-Pacific, as elsewhere. Insurers are paying close attention to the new data privacy rules being drafted in response to the increased risks. According to reviews, regional and global insurers with operations in the Asia Pacific region also are grappling with the issue of data sovereignty - which can be transmitted among jurisdictions - as the data privacy regulations vary across the region. More stringent data protection rules in Australia and Singapore also may create questions about the identity of countries in which insurers store their data. A subpoena issued by a government to an insurer to provide certain data requires knowledge of where it has been physically stored. Insurers also will need to identify new metrics and processes to monitor data security and compliance. Many insurers in the region will continue to enhance their data controls in the latter part of 2015, prompted primarily by new and stricter regulations. Asia-Pacific insurers must pay closer attention to the changing cyber security laws and focus more stringently on data security, network crime legislation and law enforcement. Singapore's Personal Data Protection Act, for example, includes rules on the collection, use, disclosure and care of personal data. The law establishes penalt
Mark Ronson

Avail Immediate Loan Assistance At Your Own Convenience - Cash Loans For Tenants - 0 views

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    Online tenant loans can be sourced within a short span of time. These are easy to source loans and can be procured to sort out various needs and demands. As for these loans, just like the name refers, the entire transaction takes place online.
Mark Ronson

Cash Loans For Tenants- Avail Burden Free Financial Aids For Urgent Needs - Medium - 0 views

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    Cash loans for tenants are collateral free loans designed for tenants in need of quick monetary assistance. These loans can be applied for any purpose and can be obtained without pledging any collateral or faxing any documents.
carterhancock

Insurance Industry to Incorporate Social Media Strategy - 1 views

For years, many insurance agents have had the same sales pitch, "review your annual premium… here are the list of what needs doing… the important thing is"… With the advancement of technology, tho...

insurance industry to incorporate social media strategy Axis Capital Group company Jakarta Hong Kong

started by carterhancock on 10 Sep 15 no follow-up yet
xavierhansen

Insurance Fraud Detection System on the Rise - 1 views

Independent research conducted by Axis Capital Inc. to its group of insurance and reinsurance companies shows gathered data from its head office in Bermuda to its branches in Singapore, Australia, ...

insurance fraud detection system on the rise Axis Capital Group company Jakarta Hong Kong

started by xavierhansen on 18 Sep 15 no follow-up yet
carterhancock

Axis Capital Group Insurance: Assessing Final Expense Insurance - 2 views

Final expense insurance, regularly called burial insurance, was retailed door to door as late as the 1960s. Then it turns out to be the domain of mid-sized life insurers, funeral home directors ...

group axis capital insurance assessing final expense

started by carterhancock on 14 Oct 14 no follow-up yet
carterhancock

Insurance Fraud Prevention - 1 views

Fraud Costs Us All The cost of insurance fraud nationwide for all insurance carriers and their customers is substantial. In fact, the Coalition against Insurance Fraud estimates that insurance frau...

Axis Capital Insurance group of companies Jakarta

started by carterhancock on 07 Jan 15 no follow-up yet
carterhancock

Identifying Seller - 3 views

There are a lot of differences of seller fraud; however, they altogether base over four basic varieties. The premium theft setup is when the insurance representative receives premiums, however, ...

Axis Capital Insurance group of companies Jakarta fraud reviews Identifying Seller

started by carterhancock on 12 Dec 14 no follow-up yet
carterhancock liked it
carterhancock

Covers of Life Insurance - 1 views

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    Life insurance is a vital financial must have that is right for practically every person. There are countless situations that ensuring life insurance is advantageous. If you are thinking of purchasing a life insurance, consider Axis Capital, a group of companies in Bermuda and has many more offices worldwide. Term life insurance is a certain kind of life insurance, which protects you for a definite time frame, or term. The timespan you decide on besides the total coverage is entirely in your hands. Your family would collect financial benefit amounting to what you stated when you began the policy if that you die during the period of the term. Life insurance coverage is usually consumed as an income substitute to settle debts as well as to cover your family's living expenses. Many in Jakarta, Indonesia have weighty financial debts. Your family is liable to pay off your debt on the condition that you die with obligations. This additional financial liability could be crippling for your grief-stricken family when you leave them with large debts. Term life insurance is intended to cover these balances, covering your family from possible financial problem if you were to pass away. A lot of times huge medical charges lie ahead for a grieving family when a loved one dies from accident or illness. Even your funeral would furthermore cause a big financial problem for your family, and will leave everyone with many complaints. You would be able to guarantee your term life insurance covers these expenditures thus making your family worry free and can be able to grieve and recover emotionally. Life insurance would make certain your family and loved ones are well taken care of if there is something unfortunate happen to you. This may be used to fund for a future college fee or cover present everyday living expenses if you have children and if you have another half who has no job or who depend on dual-income to finance your family, this coverage c
carterhancock

What a Life Insurance Buyer Must Do Prior To Purchasing a Policy - 2 views

There are various kinds of life insurance what is more deciding on a policy is vital assessment. You must start to review the current and upcoming financial necessities of your dependents. Next,...

what a life buyer must do prior to purchasing policy Axis Capital Insurance group of companies Jakarta Indonesia

started by carterhancock on 22 Dec 14 no follow-up yet
carterhancock

Avoiding Insurance Fraud - 1 views

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    The effect of insurance fraud generally for every insurance carrier and their clients is considerable. The Coalition Against Insurance Fraud approximation that insurance fraud costs Americans $80 billion yearly. Although we understand that a small number of claims are fraudulent, we should take our obligation critically through protecting against the augmented expenses of fake claims and other insurance dealings. We all must be keen to the anti-fraud endeavor via fraud detection and investigation. Trough cooperation with local law enforcement authorities, we can all fight against fraud. Everyone could take part in a significant role in that effort. Be conscious that somebody or a group of people are spreading fraudulent association holding counterfeit checks looking like real. Read on Malaysia/Hong Kong/Jakarta insurance fraud protection for more tips on Axis Capital, a group of companies with branches in Bermuda and many more. The counterfeit checks might go with a letter that the beneficiary has won a sweepstakes, lottery, or something similar. In some circumstances, beneficiaries are given a check in association with a fake job offer. How the Scam Works The letter comes with the check in lottery-type scams informs the recipient that he has won a huge quantity of money and to phone an individual listed in the letter. That individual will command the recipient to cash the check together with the letter then furthermore wire a tax payment abroad to issue the prize payment. This will never be delivered and the recipient will finally have to pay back their bank the whole sum of the check cashed. The money wired is usually not refundable. The job offer, In the job offer scheme, is fake and the victim gets a bogus check that they are ordered to cash and then wire some cash. Yet again, the wire
carterhancock

Help Protect Your Income with Disability Income Insurance - 1 views

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    The possibility of sustaining a long-term disability from an accident or illness is something most of us would rather not contemplate. Axis Capital Group in Jakarta understands this very well. However, there is a way to help protect yourself and your family should you lose your ability to earn an income and to stay away from fraud. Disability income insurance can play a key role in your overall financial plan, and provide a benefit to help replace a portion of your income in the event of a total disability. Evaluate and Review Your Needs While most people understand the necessity and value of life insurance, many may overlook the valuable role disability income insurance plays in helping to create financial security. How will you support yourself and your family if you cannot work as a result of an accident or illness? For most, Social Security cannot be solely relied on to replace lost wages. One must meet very specific criteria to qualify for disability benefits, and it is often necessary to wait several months for payments to begin. You may be able to "get by" for a few months on your savings, but if the disability is prolonged, you may exhaust most-or all-of your savings. Further financial hardships may then follow. You may miss mortgage, car, and other credit payments, causing damage to your credit rating. Utility bills, tuition, grocery bills, and business/professional expenses will also continue despite disability and loss of income. The bottom line is that losing your ability to earn an income may make it difficult to make ends meet. Disability income insurance can be a practical solution to help protect your financial security in the event you become disabled. Axis Capital, a group of companies with branch offices in Bermuda and around the world, provides Disability Income Insurance. Types
zenhunsick3r

Help Protect Your Income with Disability Income Insurance - 0 views

The possibility of sustaining a long-term disability from an accident or illness is something most of us would rather not contemplate. Axis Capital Group in Jakarta understands this very well. Howe...

Axis Capital Insurance Group of companies Jakarta Help Protect Your Income with Disability

started by zenhunsick3r on 20 Jan 15 no follow-up yet
carterhancock

Weirdest Insurance Filed - 1 views

Insurance companies have been around for hundreds of years that almost all of things needed to be insured are already listed, yes, even the unimaginable. Here are some of the weirdest insurance cla...

Weirdest Insurance Filed Axis Capital Group America Europe Singapore Jakarta

started by carterhancock on 06 Mar 15 no follow-up yet
carterhancock

AD&D vs. Accident Insurance - 1 views

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    As we always point out in Axis Capital Group, accidents can always happen when you least expect it but you can always be prepared. No use filing in complaints when you have already come prepared. The first thing that comes to mind when we think about accidents and how to prepare for them is by getting an insurance for that special need. If you ever think of the necessity to get protection in case of injury, different coverage comes into picture. Questions have risen about Accident Insurance and one of its counterpart, Accidental Death and Dismemberment Insurance or AD&D. How it Works? Accident insurance will pay a benefit for a wide variety of covered injuries that may or may not be serious over the long term. If you experience a covered accident, you could receive a cash benefit, according to a benefits schedule. Also, you could receive a cash benefit for emergency room visits. The amount you receive depends on your injury and related treatment. On the other hand, AD&D insurance provides a payment to your beneficiary if you die in a covered accident or a payment to you if the accident results in a covered loss that cause a permanent impairment. Depending on your plan, you may be able to sign up for an amount of coverage based on your salary-for example, two times your salary-or choose a set dollar amount. AD&D insurance is often offered with life insurance at an amount that is equal to the life insurance benefit. Only voluntary, AD&D insurance allows independent election of coverage. What is covered? The following are examples of covered injuries for Accident Insurance: Fracture Dislocation Eye injury Gunshot wound Paralysis Brain injury Burn Coma Concussion Death Dismemberment The following are examples of covered losses: Death Quadriplegia Loss of sight in at least one eye Loss of speech Loss of hearing Loss of limb Loss of thumb or
carterhancock

Axis Capital, Bermuda: Health Insurance Portability - 1 views

Axis Capital, a group of companies that serve a host of industries and diverse coverage needs through our operating subsidiaries and branch offices in Bermuda, Australia, Canada, Europe, Latin A...

Axis Capital Bermuda Health Insurance Portability Group Tips to avoid fraud Malaysia Jakarta Region

started by carterhancock on 19 Aug 14 no follow-up yet
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