Cigna’s Expatriate Business Expands into Brazil

0
by Danielle Bailey November 30, 2011 in Insurance News

Cigna Inc, a leading global expatriate benefits provider, is expanding its healthcare network in Brazil with the launch of a new CignaLinks program designed to provide simple, locally-compliant healthcare solutions to employers and their globally mobile employees in the populous Latin American country. Through an alliance partnership with Gama Saude, one of Brazil’s largest private medical operators, Cigna will provide customers with comfortable access to more than 20,000 doctors, hospitals and other quality healthcare services, all at competitive prices.

CignaLinks is a specialized health admin program designed by Cigna to simplify the varied and often complex claims and payment procedures that can occur for globally mobile clients, their employees, and their families, when receiving medical treatment in a foreign country. T

Read more…

About No Medical Life Insurance Policy

0
by admin November 29, 2011 in Insurance Auto Articles

Life insurance provides protection for your family in case of sudden death. In most cases the breadwinner of the family are usually the policyholder. The life insurance covers for the loss of income so that the family of the deceased will have enough money to start over with their lives. Now, almost all insurance companies require a medical examination to be approved or when evaluating the rate of the premium. Based on the medical examination, the insurance company will draft the contract, indicating the exemptions of the coverage as well as the rate. If the result of your medical examination is not good then you can expect to pay for higher premium because insurance companies will tag you as high risk individual. Other company may not give you higher rate but will include so many exceptions.

Now, you may have already heard about no medical life insurance. Read more…

Irene’s fury biggest blow as 2011 Atlantic hurricane season ends

0
by Nicholas Rogers November 28, 2011 in Home Insurance Topics

The 2011 Atlantic Hurricane season ended Nov. 30 after producing seven major hurricanes, including three major ones, according to the National Oceanic and Atmospheric Administration.

Of course, the worst, Hurricane Irene, rolled through in August, causing more than $4 billion in insured property losses, much from flooding, as it rolled up the East Coast, from North Carolina to Maine. Hurricane Irene’s losses were worst in New Jersey, New York and Virginia, according to Verisk.

“Hurricane Irene was a wake-up call for New England that each and every year, there is a strong likelihood that a hurricane will hit communities far away from the Southeastern U.S. or Gulf Coast,” said Julie Rochman, Insurance Institute for Business & Home Safety president and CEO. “These powerful storms can, as Irene did this year, travel very far north and cause damage quite far inland.”

 

Accelerated Death Benefit Rider for Terminally Ill Life Insurance Holders

0
by Brandon Nguyen November 25, 2011 in Insurance Quotes

If you have an accelerated death benefit rider on your term life insurance policy, you will be able to draw out some of your insurance benefits before you die so that you can cover some of the expensive treatment that goes along with a terminal illness. Accelerated death riders were created in the late 1980s so that AIDS patients could access additional money from their life insurance policies. Today, accelerated death benefits are available for patients with almost any kind of terminal illness if they are expected to live less than a year.

Only Available on Term Policies

Accelerated death benefit riders are only available with term life insurance policies. Whole life policies already offer the policyholders options for borrowing against their benefits before they die. A term life policy does not provide any way of drawing benefits before the death of the policyholder unless the policy includes an accelerated death benefit rider.

Read more…