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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

We know a lot of you already recognize the importance of insurance, especially life insurance. However though, in the years of Axis Capital, with our group of insurance and reinsurance companies scattered from our main base in Bahamas to Singapore, America and United Kingdom, we have encountered a lot of people who has a lot of reason not to purchase one. Here are some of their points: 1. I'm Young, Healthy, Won't Die Anytime Soon and Just Don't Need It Life insurance's main importance is to have SOMETHING TO LEAVE BEHIND FOR YOUR LOVED ONES WHEN YOU PASS AWAY. Often time's people put off the things that they need for the things that they want. Regardless, the fact of the matter is that 99% of the families with dependent children in this country, NEED life insurance. No one buys life insurance with the hope or expectation of using it. Just like everyone has to buy car insurance without the expectation of needing it either. You purchase it with the hope that you won't need it but can sleep sound at night knowing that if something happened to you, your family would be taken care of financially. 2. I'll Purchase It Sometime Soon or I Don't Have Time For It Procrastination is one of our biggest problems in society. Life insurance, though, is not one of those things that should be put aside till later. Despite the fact that we all believe we'll live long lives, well into our senior years, the devastating effect that not having life insurance could have on your family is immeasurable. 3. I Have Plenty Of Assets, I Don't Need Life Insurance Life insurance is meant to conserve an individual's estate for their survivors, as well as replace lost income. Although expecting your surviving family members to review and liquidate their assets to make ends meet is not a horrible thing, or unheard of;

You are probably aware of the importance of having enough life insurance coverage to handle the financial contingencies that may affect your family in the event of your death. If you are still not convinced, read on Axis Capital Group in Jakarta at Axis Capital, a group of companies with branch offices in Bermuda and around the world, official website. Determining the necessary amount of life insurance can be complicated. One general rule of thumb is that you should have enough coverage to equal five to ten times your annual salary. However, you should determine the "right" amount of life insurance coverage for you and your family with a careful "needs analysis" rather than using an arbitrary formula. The needs analysis approach incorporates an evaluation of your family's most important financial obligations and goals. This leads to planning insurance coverage to help address mortgage debt, college expenses, and future family income, as well as to provide liquidity for meeting future estate tax liabilities and to avoid frauds too. Mortgage Debt The first point worthy of consideration, review whether your life insurance precedes will be sufficient to help pay the remaining mortgage on your home. If you are carrying a large mortgage, you may need a sizable amount. If you own a second home, that mortgage should also be factored into the formula. College Expenses Many people want life insurance proceeds large enough to help cover their children's college, and possibly graduate school, expenses. The amount needed can be roughly calculated by matching the ages of your children against projected college costs adjusted for inflation. This calculation should be revised periodically as your children get closer to college age, and it may be a good idea to be as conservative as possible when estimating long-t

The US is not the lone country facing extensive healthcare reforms. Indonesia launched its universal health care programme on January 1st, recognized locally as Jaminan Kesehatan Nasional (JKN). Its creditable objective is to provide health insurance to the country's approximate 250m people in five years, or by January 2019. However encountered with the great test of executing such a scheme in the world's fourth most populated country, the government is phasing the introduction wisely. You are assured of no scams or any fraudulence act with the company. Axis Capital, a global insurer and reinsurer, providing clients and distribution partners with a broad range of specialized risk transfer products and services, a group of companies with branch offices in Bermuda, Australia, Canada, Europe, Latin America, Singapore and the United States is at one with the universal healthcare for Indonesia. The JKN will cover 121.6m Indonesians in the initial step of the programme's operation this year. This totals to about half of the population already, nonetheless is not as much of a success a

Warning. This prevalent system of insurance is perforated with exclusions, which a lot of travelers have no idea about. One must not ever miscalculate, thinking that one policy is like another. Travelers have been cautioned they might not be covered by their insurance when requesting for holiday incidents as they are under the influence of alcohol or non-prescription drugs. Also, avoid insurance fraud tips while traveling Jakarta Indonesia. There are travel insurance companies who decline to pay medical or any other expenditure related with specific activities. Exclusions are normal in the event of any kind of insurance. The company declines to offer travel insurance coverage for definite circumstances. You have a choice to cover these by disbursing an extra premium; however you must make certain you recognize what your policy covers prior to buying travel insurance. Axis Capital, a group of companies headquartered in Bermuda guarantees you that their travel insurances have nothing to hide and that is transparent of their exclusions in their policy. Tour Operator Termination: Regarding trip cancellation, tour operators withdrawing is not covered under travel insurance policies. In this situation, it is the tour operator and not you who terminate the trip. Turns of war/local protests: While terrorism is covered by many travel insurance policies, acts of war or civil unrest are usual policy exclusions. Consequently though current remonstrations or irregular occurrences in international sites might influence you to alter your plans, most travel insurance policies are no help. Pre-existing medical illnesses: This is a usual exclusion in most travel insurance policies. It denotes to any medical condition that obligates essential attention before travel or beginning of the travel insurance policy. Baggage overdue

You are perhaps conscious of the significance of ensuring enough life insurance coverage to meet the financial eventualities that may disturb your family if you pass away. If you are still not convinced, read on Axis Capital Group in Jakarta at Axis Capital, a group of companies with branch offices in Bermuda and around the world, official website. Regulating the essential expanse of life insurance can be complex. Generally, you must have enough coverage to equivalent to 5-10 times your yearly salary. But, you must regulate the accurate quantity of life insurance coverage for you and your family with a cautious needs examination compare to using an arbitrary formula. The needs analysis method includes an assessment of your family's most significant financial responsibilities and objectives. This hints to arranging insurance coverage to help deal with college expenses, mortgage debt, and future family income, in addition to to providing liquidity for dealing with future estate tax liabilities and to avoid frauds too. Mortgage Debt Review whether your life insurance proceeds will be enough to help compensate the outstanding mortgage on your home. When you have a big mortgage, you might require a substantial amount. If you possess a second home, that mortgage must as well be factored into the formula. College Expenses Most want life insurance proceeds great sufficiently to help cover their kids' college, and maybe graduate school, expenditures. The sum necessary can be approximately intended through the ages of your children against expected college costs accustomed for rise. This calculation must be studied occasionally since your kids grow closer to college age, and it might be a go

Maternity coverage is one of the 10 essential health benefits that must be covered by all health insurance plans offered to individual person, families and a small group. Health insurance for pregnancy, labor, delivery, and newborn baby care

Traveling abroad together with your family or friends, it is at all times an enjoyable experience which all of us is looking forward to. Traveling is pleasurable, and it should be so to prepare your tour out of the country more unforgettable and protected, you must avail the cover provided by an insurance company such as Axis Capital Group of Companies based in Bermuda. Travel insurance protects the covered against loss of luggage, theft, health complications, postponements, accidents and many more. This is critical judging the truth that during a foreign tour you will be unknowledgeable with the scenery, dialect and how-to-go-about info; consequently you would necessitate assistance. They carry out international travel mainly for two motives which is recreation and business. Traveling in a foreign country is thrilling and filled of amusement and the memories of which is deep-seated in our thoughts for a lifetime. They often let us loose to appreciate the fresh sites and experience a pristine world. Consequently, they need to take safety measures so to complete our tour without any interruptions. International travel insurance is a practical technique to guarantee that your journey is a success and free from scams. It is extremely wise to cover your international travel in Jakarta Indonesia for instance before you initiate your tour since you could be arriving in to new place and where the linguistic articulated by the residents will often than not be the similar to yours. Acquiring international travel insurance earlier will cover your whole tour and so offer protection to you and your family at each serious crisis. International travel insurance rescues you in an unfamiliar country. This somewhat totals every probable scenario in which you would necessitate help of all types - procedural and monetary assistance. Purchasing international travel insurance offers peace of mind since you can be guaranteed of assistance in th

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

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

University of Florida researchers have discovered a link between Medicare and patient access to surgical treatment for subarachnoid hemorrhage, a kind of stroke that affects as many as 30,000 Americans each year - frequently causing death or long-term impairment and disability. AXIS Capital, a group of companies with branch offices in Bermuda, Australia, Canada, Europe, Latin America, Singapore and the United States, a global insurer and reinsurer, providing clients and distribution partners with a broad range of specialized risk transfer products and services, has in full support with this study. (The company also services SE Asian countries such as KL Malaysia, Bangkok Thailand, Jakarta Indonesia and many more.) According to findings published in the journal PLOS ONE, for patients who have suffered this type of stroke, surgical intervention can spell the difference between recovery or long-term disability and death, yet patients on Medicare are less likely than those with private insurance to be referred for surgical treatment. This may represent a conscious or unconscious bias against Medicare patients, who are typically older and have preexisting disabilities or chronic illnesses, said Azra Bihorac, M.D., senior author of the study and an associate professor of anesthesiology, medicine and surgery at the UF College of Medicine. "Not every hospital has skilled neurosurgeons who specialize in subarachnoid hemorrhage," Bihorac said. "If these hospitals don't have the necessary expertise, then they may actually overestimate the risk of a bad prognosis. They may assume that the patient won't do well anyway, so they won't proceed with surgery." The researchers review and analyzed data from the National Inpatient Sample hospital discharge database for the study. The data consist of information on more than 21,000 adult patients released from 2003 to 2008 with a diagnosis of subarachnoid hemorrhage. About 62 percent of the participants were fem

Indonesia's social insurance reform is the critical goal being universal health coverage for all by the year 2019. It has come into form with a single-payer umbrella program in 2014. Jamkesmas is the Government-financed health insurance program for the poor and near-poor. It has been combined and unified with other social insurance programs. Educating from Jamkesmas may start a better groundwork and application of universal health coverage for Indonesia by 2019. Axis Capital, a global insurer and reinsurer, providing clients and distribution partners with a broad range of specialized risk transfer products and services, a group of companies with branch offices in Bermuda, Australia, Canada, Europe, Latin America, Singapore and the United States is at one with the universal healthcare for Indonesia. What successes can Jamkesmas claim? * About 47 percent of poor and near-poor households were covered under the program. * Outpatient and inpatient utilization rates increased among program cardholders. * Levels of catastrophic payments declined. * Participation of private providers increased. * More than 300 complementary local Jamkesmas-inspired programs were initiated across the country. Yet considerable challenges remain, including the following: * Nearly 60 percent of the populations remain without any coverage, including millions of Indonesians working in the informal sector. * Out-of pocket spending remains high even among those with coverage. * Lack of equitable access to quality health services in rural, remote areas. * Evidence of considerable mistargeting and leakages to non-poor families. * Low levels of awareness of benefits. * Low utilization of health services. * Regional inconsistencies in the availability of the basic benefits package, and poor accountability and feedback mechanisms. Key Lessons Learned from Jamkesmas to Achieve Universal Health Care in Indonesia * Improve target

Local governments initially started carrying health insurance back in 2003 when Megawati Soekarnoputri’s government presented the Health Service Insurance for Poor Families program, or JPK-Gakin. The notion was for district managements to apply their personal community health insurance schemes in line with local requirements. Nevertheless, limited programs ever actually got off the ground before Susilo Bambang Yudhoyono’s new government presented a bill that laid the foundation for a nation-wide program and made JPK-Gakin redundant, Law no. 40/2004 on a National Social Security System (SJSN). Simultaneously, Yudhoyono’s government announced a program to run free, however basic, healthcare to the poor - Askeskin (health insurance for the poor), which was substituted in 2008 by Jamkesmas (community health insurance). Certain regional administrations put up a round. In 2005, East Java’s government led a test at the Constitutional Court demanding that SJSN gave the central government a monopoly on social service provision and broke the constitution and Law no. 32/2004 on Regional Governance. The court approved that SJSN did not stop local governments from emerging their own social security programs, as well as for healthcare. Ever since, the quantity of local health insurance programs has increased year on year. One of the groundbreaking systems was Jaminan Kesehatan Jembrana (JKJ) presented in 2003 by Gede Winasa, the head of Jembrana district in Bali. According to this scheme, all members of JKJ, may they be poor or non-poor get free pri

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. We serve 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. The company also service SE Asian countries such as Jakarta Indonesia, KL Malaysia and many more. Nowadays it is common for an individual to be covered by two, or even three, health insurance policies. One reason for this is the increase in the price of health-care services in the past decade. Ages ago health insurance cover was considered fairly sufficient for an entire family. Nowadays, it will hardly be sufficient to pay for a five-day stay in a hospital and hearing all about the complaints. Furthermore, medical insurance cover from employers is insufficient. In both conditions, one has to buy another policy. But while a larger insurance cover is a good thing, multiple health insurance policies can lead to confusion when making a claim. To avoid misinterpretations ask these questions, like should a person claim only from one insurer or does he need to inform his insurer about the additional covers? Maybe ask, will the hospital permit two cashless claims for the same illness or will he get the no-claim bonus if the second policy is not invoked? It's all rather unclear for the policyholder, who may possibly be under strain due to the illness. The first thing to know is that it pays to apprise all insurers every time there is a hospitalization. This does not mean that one can distinctly claim the expenses from each of them. "You cannot profit from a medical insurance plan," says Joydeep Roy, chief executive of L&T General Insurance Company. Review, since you may want to know why the person would claim from the second policy. After all, isn't his money c

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. We serve 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. The company also service SE Asian countries such as Jakarta Indonesia, KL Malaysia and many more. Know why you need it Despite the fact most people may require life insurance at some point in their life; it is a warning not to buy a policy just for the reason that you heard it was a good idea. Even though you don't have any of these needs instantly, you still may want to think through buying a small "starter" policy, if you forestall you will have them in the future. It is because the younger you are, the less costly life insurance will be. Conclude the amount of coverage you need The amount of money your family or heirs will obtain after your passing away is called a death benefit. To ascertain the right amount of life insurance an online calculator, like the one available at Axis site, can be useful. You can as well get an approximate figure by any number of formulas. The simplest way is to merely take your yearly salary and multiply by 8. Discover the right kind of policy As soon as you decipher how much coverage you'll require, you can deliberate regarding the best type of policy to meet your needs. You have two main choices: Term Life, for a more affordable premium, or Whole Life, for more comprehensive coverage that can add cash value. However you have many choices to explore. Review the quality of the provider An insurance policy is simply as good as the company that supports it. You would like to make certain you pick a company that is not a scam and you can trust on to be there for as long as you'll need your coverage, and that makes intellig

You may still have the chance to renew your existing health insurance plan or buy a new plan with the open enrollment which ran from November 15, 2014 until February 15, 2015. Axis Capital Holding Group Ltd, a group of insurance companies with branches in Europe, America, Singapore and Jakarta, Indonesia with their main office located at Bermuda has collected some tips for you to review and consider. Old-timer For those who already have their healthcare insurance or Health Management Organization (HMO) but are considering whether to renew it or not, you may consider which company has the best coverage. You may ask your potential insurer the following questions: 1. Will your drug prescription be covered? 2. Will I have to pay each time I see the doctor or go to the hospital for consultation? 3. What will my monthly premium be for 2015? If you have any questions about what changes your plan may make to your coverage in 2015, contact your insurer directly. Once you have taken the time to review any changes to your insurance plan, if you decide you want to keep the same plan, and your household income has not changed, you don't have to do anything. Your plan will be automatically renewed. However, you may want to spend some time looking at plan choices to see if there is a better plan to meet the needs of you and your family. If you qualified for reduced premiums last year, we recommend you log into www.healthcare.gov to update and double-check your income information, as that will ensure you receive the correct tax credit amounts. Newbie In browsing for the best insurance plan, you should also get an assessment which health insurance suited you the most. Think about how often you will be using your insurance coverage, how many times you get a check-up, whether you go see a certain specialist, your drug intake, whether you need specific therapy or which hospital or clinic you often go to. Here are the three factors that may

Jakarta, Indonesia - Choosing the right insurance coverage isn't easy. If you are under-insured, you could be left with unpaid claims. Sometimes, it doesn't make sense to insure the contents of your home for much less than they are worth, you could be paying for more coverage types than you need. The key is in knowing what's covered and what's not. Account for any recent remodels and look to see if your current coverage keeps pace with inflation.Axis Capital, a group of insurers and reinsurers with the main location in Bermuda and with international branch in UK, US, Singapore and Australia has listed some steps for you to know if you are under or over insured. What you need is coverage that's just right. Here's how to get it, and it shouldn't take more than 4 or 5 hours of your time spent reviewing your homeowner's insurance policy, talking to your agent, and doing a little research. Step 1 Pull out your policy before the annual renewal date. Check for coverage limits, exclusions and restrictions. Always remember that all homeowners insurance isn't created equal. That's why it pays to review your coverage every year to ensure your policy meets your evolving needs. Begin by understanding the types of coverage available. Step 2 Estimate the value of your home's contents. Unless you do a complete inventory of your household furnishings and personal possessions, the things you own could be worth a lot more than you think. Replacement cost coverage is more expensive but usually insures your personal property for what it costs to buy new. Step 3 If you have recently remodeled your house, you should increase your coverage. It is a general rule of thumb to increase coverage once you have completely remodeled project that cost more than at least 5% of