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When somebody gives fake info to an insurance company just so it can take advantage of anything of worth that the offender would not have collected if the reality had been stated‚ they've performed insurance fraud. Even though you under no circumstances will catch yourself involved in of one of its immoral scams, on the other hand auto insurance fraud affects you. Industry professionals articulate it decelerates genuine insurance claims, upturns premiums and, in some circumstances, places unknowing victims at risk. Just about every person knows and heard about insurance fraud. Jakarta insurance fraud protection group is fully aware of this problem. Every one of us have learnt the reports of people who collected large amount of money following a car accident or the merciless insurance firm declining to disburse to a widow due to a technicality. Dating back to 300 B.C., insurance fraud is one of the aged kinds of fraud ever documented. The story goes like, when a Greek trader sunk his own ship, in an effort to redeem on the insurance, and died in the attempt due to drowning. Insurance fraud have an effect on you, either it be you are a policyholder or a shareholder in an insurance company. The matter of insurance is extensive and swindle happens in every single part. Insurance fraud takes two to tango; it comes in two chief categories: one is the seller fraud and the other one is the buyer fraud. Seller fraud happens when the seller of a policy takeover the normal procedure, in a method that make the most of his return. Buyer fraud follows when the buyer turns the manner to get more coverage, or obtain more money, compare to what he is lawfully allowed to. Don't allow a tall tale ruin your life or that of somebody you are acquainted of. Understand more regarding insurance fraud. Be familiar wi

Insurance fraud costs billions of dollars every year. Insurance fraud includes a number of illegal activities involving the sale of insurance, and often involves criminal schemes. One kind of insurance fraud targets unsuspecting policyholders in Jakarta, Indonesia. Many individuals are deceived when they buy worthless insurance policies. When disaster strikes and policyholders seek reimbursement for damages, they find they have no coverage. Con artists can take advantage of their victims' lack of English, cultural traits and deep-seated habits. Recent immigrants from Asian countries do not realize that unscrupulous individuals purposely set out to confuse people who don't speak English well. Insurance contracts are complicated. They are usually written in English. Newcomers probably have little or no knowledge of insurance laws and regulations. Scam artists prefer to prey on unsophisticated consumers. It's natural for newcomers to feel more comfortable around people of the same background, and to trust people who speak the same language. Almost everyone prefers to do business with someone who has been referred to them by a relative, friend or co-worker. But no matter who referred you to an insurance agent or company, it's important that you check them out. If you take a few steps outlined here, you can limit the odds of becoming a victim of insurance fraud. It's up to you to protect yourself! Insurance is very complicated. You may have need of life insurance, health insurance, homeowner's insurance and auto insurance. There are many variations on all of these types of insurance. Agents are licensed to sell specific types of insurance, so make sure the agent has a license for the kind of insurance you need. Take these Axis Capital Group review of insurance fraud protection at Axis Capital, a Group o

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

Insurance implies preparing for the future's needs and exigencies. While every person or company still has the resources and the energy to raise ample funds, investing in the future through insurance coverage can be one of the wisest decisions to make. But not every insurer has the expertise to provide you with excellent coverage. AXIS Group Insurance is one of the few excellent companies which many have learned to trust.     Located in one of the most dynamic trade, cultural and tourism centers of the world, AXIS Capital Group Insurance is an international insurer and reinsurer company operating in Hong Kong and in the whole of Asia, serving their clients' and distribution partners' need for various custom-tailored risk-transfer products and services. The wide range of choices provided by AXIS not only separates it from commonplace insurers; its top-quality, expert teams handling underwriting, claims, modeling and actuarial tasks, also widen and heighten the client's knowledge and experience in the insurance process. AXIS has developed a company professional culture based on establishing and preserving an "ethical, entrepreneurial and disciplined culture that promotes outstanding client-service and intelligent risk-taking." World-standard insurance coverage and capital strength are the prime concerns of AXIS Group Insurance. Its wide portfolio of unique products customized for the client's goals provide solutions to the present economic challenges. Among the products and services AXIS Insurance caters are the following: Property and Casualty Professional Lines Terrorism, Marine, Energy, Aviation, Credit & Political Risk Environmental, Surety, Accident & Health

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 $11 billion merger of Bermuda-based PartnerRe Ltd. and Axis Capital Holdings Ltd. accelerates the trend of offshore reinsurers combining to remain competitive. The stock-swap deal announced Jan. 25 is the third in as many months in a sector hit by pricing pressure from an ongoing influx of private equity capital and strong competition among traditional reinsurers. The combination will create the fifth-largest reinsurer in the world. PartnerRe shareholders will own 51.6% of the combined company, for which a name has not yet been chosen, and Axis shareholders will own 48.4%. This mega-deal is expected to close in the second half of this year. The transaction follows Dublin-based XL Group P.L.C.'s Jan. 9 proposed acquisition of Bermuda-based Catlin Group Ltd. in a $4.1 billion deal and Bermuda-based RenaissanceRe Holdings Ltd.'s Nov. 24, 2014, acquisition of Bermuda-based Platinum underwriters Holdings Ltd. in a $1.9 billion deal. "I think it is absolutely a trend and I think, ultimately, it's all driven by the same factors," said Cliff Gallant, San Francisco-based analyst at Nomura Securities Co. Ltd. "There is a lot of pressure in reinsurance; prices are coming down and the product is changing. I expect that the wave is building and that we'll definitely see more M&A activity." Meyer Shields, managing director at Keefe, Bruyette & Woods Inc. in Baltimore, said: "This is a trend, it is accelerating and I don't think we're anywhere near done with this sort of announcement." "After a relative calm of several years, it seems the floodgates have opened for consolidation in Bermuda," Amit Kumar, New York-based vice president and senior analyst of insurance at Macquarie Capital (USA) Inc., wrote in an analyst note that also cited the RenRe/Platinum and XL/Catlin deals. Axis Capital CEO Albert Benchimol, who will head the combined entity, said in an interview: "I feel very confident that with the increased scale of the organ

Buying a new car nowadays is a necessity although a lot of luxury cars have existed. It can also be very exciting to buy your wheels, ride it, feel it and flaunt it. After all, people have a different impression on you when you own new things. Owning a car has its own responsibilities though. Insuring your car in case of unexpected turn of events can be a very good bargain albeit tedious. It is good to know that insurance companies like Axis Capital Holdings, a group of (re)insurance companies with branches all over the world, make it easier to handle our car insurances through insurance transfer. Before you shake your dealer's hand, you need to think about your insurance and how buying a new car could affect your premiums. Take extra precautions and put the warning at heart before you regret it in the end. BEFORE BUYING When browsing new cars that might interest you, make sure to list their registration numbers so you can get quotes in insuring them. It might turn out worse when you have already found your dream car then realized you have to pay more than what it cost for its coverage. Call your insurer and tell them that you are planning to purchase a new car. They may ask you of the registration number to check the pricelist, ask you a few more questions and see if you can afford the new cover or if your circumstance is still the same or have stepped up. If they see that the new car is more valuable than your old one, then the cost of your insurance may rise. There may also be an additional administration fee to transfer the insurance to the new car. If you have initially paid the insurance outright, you can choose to pay the sum in one go or spread the cost over the remaining term for the cover. If you pay for your car insurance in monthly installments, you have the option of adding the sum to your policy and spreading the cost over the remainder of the policy. The administration fees for changing the vehicle on your policy shoul

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

Our Earth's core is made up of 4 billion year old gas and dust consolidation. This core generates heat; at 4000 miles deep temperatures can move 9000 degrees F. Relative to humanity's lifecycle Earth Core heat or Geothermal Energy signifies a boundless energy means. It has been an engineering challenge tapping into this energy source. Heat induces transmission form the core onto the mantel and then into the dense rock layers creating magma that travels gradually up headed to the surface. In this track it heats up rocks and water that slides to the cracks all the way up to 700 degrees F. Our planet has an area meant by geological systems that uncover high heat levels at comparative low depths termed Pacific Ring of Fire. Geothermal energy can be applied straight for industrial or commercial applications and likewise at consumer level for precise applications. The finest application is the usage of this energy for electric power generation. Our current ecosystem operates primarily on electric power and consuming a dependable and constant source of green energy will help sustain an ecological balance. Unfortunately, some people had managed to incorporate scams regarding this topic. To tap into this limitless energy resource is a systematic procedure and with no complaints. There is a pre-drilling stage that entails of geographical, geological and geophysical reviews. Applying this data a drilling point is designated for an exploration hole. Because of this hole the engineers can examine details of the sub-terrain aquifer,

AXIS Capital, is a group of Insurance companies based in Bermuda, London, Dublin, Canada, Australia and Singapore (servicing SE Asian countries as well such as KL Malaysia, Bangkok Thailand, Jakarta Indonesia and many more) who underwrite Energy Insurance provides you these tips in maintaining an energy efficient home. Heating your home * Save the heat in! Enhance your home's insulation and make it more sealed while making sure there is right ventilation. Caulking and weather stripping are cheap methods to decrease air escape from you home. * Open the drapes or blinds and allow the sun in throughout the day to help warm the home and close them when the sun sets. * Consistent maintenance of your heating system is essential for both effectiveness and security. Ensure it is done annually. * Tidy or change your heater filter no less than every three months for the duration of the heating season. Improving air circulation * Ensure not anything is blocking your heating vents. * Use ceiling fans to help spread heat all over the house. One placed near a gas fireplace will make valued hot air down into the living area. * Maintain your basement fairly warm. The heat will escalate to the other floors of your home. * Close the chimney damper every time you're not using the fireplace. * Clean and vacuum dust or pet hair out of your warm air registers. The thermostat Setting up a programmable thermostat might save you money on your heating fee. Reducing the thermostat at bedtime and prior to leaving the house decreases your energy utilization without affecting your comfort. Fireplaces Old-style wood fireplaces pull significant heat out of the house, while gas fireplaces with sealed units make the most of heat use since firmly fitted glass doors and outdoor air intakes help increase fireplace efficiency. Air conditioners * Tidy your room air conditioner filter at least one time in a season. A dir

- where world-class coverage and capital strength intersect. We are ready to help you with a broad portfolio of distinctive specialty products that address the challenges of today's world. AXIS Insurance provides Property & Casualty, Professional Lines, Terrorism, Marine, Energy, Aviation, Credit & Political Risk, Environmental, Surety, Accident & Health coverages and other customized insurance solutions. Our products are offered through our distribution partners, which include wholesale brokers, retail brokers and designated managing general agents/underwriters (MGAs/MGUs) in the U.S. and abroad. Coverages are backed by the financial strength and security of the AXIS insurance companies, rated "A+" (Strong) by Standard & Poor's and "A+" (Superior) XV by A.M. Best. With operations across the globe, AXIS Insurance is your connection to expert underwriting, outstanding service and skilled claims management.

The Affordable Care Act (ACA) does not increase access to health insurance for undocumented immigrants however may lead for many legal immigrants who have concern earning this crucial coverage, completes a report released by the George Washington University School of Public Health and Health Services (SPHHS). The report summaries the breaks in addition to the duties that the federal health reform law will transport to legally present immigrants, people who have gotten green cards or visas permitting them to work, live and study in the United States. 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 Affordable Care Act. (The company also services SE Asian countries such as KL Malaysia, Bangkok Thailand, Jakarta Indonesia and many more.) "Most people do not realize that legal immigrants currently face many obstacles to obtaining health insurance," said Leighton Ku, PhD, MPH the author of the new report and director of the Center for Health Policy Research at SPHHS. "Such immigrants are three times as likely to be uninsured as those born in the United States." Without health coverage, they - like other uninsured Americans - often delay or never get potentially life-saving health care, he said.

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. 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. We present you these tips to improve scores on a life insurance paramedical exam. Don't smoke "Somebody who has smoked their entire life for 50 years and then stops smoking for three months - they're considered a non-smoker," Dziuba says. Dziuba isn't telling that smokers lie on their applications and stop smoking a few months prior the test. Carriers take into account a history of smoking when the person is examined, but the lab results only test for nicotine currently in the system, he says. Fast Warning, don't eat overnight or at least two hours prior the exam. A last meal the preceding night must be healthy and well balanced. The applicant might likewise be informed not to drink anything up to four hours before the exam, although a little amount of water may be permitted. Dziuba instructs clients to plan exams for a weekday and not a Monday - a weekend of spoiling in fatty foods and alcohol can increase cholesterol levels on a Monday. Lose weight You must not attempt to lose weight hasty. That will typically get rid of water weight. However losing one to two pounds per week over a few months, or optimistically over a year, can relieve an applicant fall from being a standard risk to getting a favored rate - a 15% to 20% difference in premiums. Don't drink alcohol Keep away from alcohol for at least 12 and if possible 48 hours prior to the exam, since it can raise blood pressure and unfavorably disturb elements of the blood work. High blood pressure can be the alteration

Buyer fraud has a lot of various faces, nevertheless, their common ground is dishonestly. Staging an accident is a type of fraud for example, when travelling in Jakarta, Indonesia and you made up a fake accident claim an insurance is a scam. Fabricating medical history is one of the most usual type of insurance fraud next is the above example. By excluding information like a smoking addiction or a pre-existing illness, the buyer wishes to contract the insurance policy for cut-rate compare to he would have otherwise pay. Postdated life insurance means a policy that has been settled once the passing away of the individual being insured, however, looks to have been issued prior to death. This kind of deceit is generally completed with the assistance of an insurance representative. It is moreover one of the effortless kind of con for insurance companies to spot, as record keeping has come to be more strict. Insuring individuals you shouldn't be covering, in anticipations that they will pass away, creates deceit. Insurance is created with the notion of protecting individuals from financial loss, therefore manipulating it to bet on lives for a financial profit is a corruption of the system. This consists of viatical settlements, which unite non-insurable interest with fabricated policies from the terminally ill. For more, check out Axis Capital Group property insurance scam reviews at Axis Capit

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

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

One type of insurance fraud aims at unwary policyholders in Jakarta, Indonesia. A lot of people are swindled when they purchase valueless insurance policies. When tragedy happens, and policyholders ask for reimbursement for compensation, they discover they have no coverage. Fraudsters can take advantage of their victims' be deficient of English, deep-seated practices and cultural traits. New immigrants from Asian countries don't understand that dishonest persons deliberately start to puzzle individuals who are not fluent in English well. Insurance contracts are complex. They are generally printed in English. Newcomers almost certainly have small or no familiarity of insurance regulations and laws. Scam artists favor to victim on primitive consumers. It's usual for newcomers to feel more at ease around individuals of the similar background, and to have faith to individuals who converse in the same language. Pretty much everybody have a preference to do business with somebody who has been recommended to them by a relative or friend. However regardless of who recommended you to an insurance company or agent, it's significant that you research about them. When do this, you can bound the chances of becoming a prey of insurance fraud. Insurance is very complex. There are many differences on every type of insurance. Agents are licensed to sell definite kind of insurance, therefore make certain the agent has a license for the type of insurance you require. Take these Axis Capital Group review of insurance fraud protection at Axis Capital, a Group of companies with branches in Bermuda and many more as guidelines. Shop around. It will make you comprehend the various kinds of insurance. Compare the descriptions of insurance and kind of policies presented by a few

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

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

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;

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