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health insurance
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The Ins and Outs of Healthcare in Thailand

Just like other countries, Thailand has various types of health insurance available for its citizens. The type of insurance you choose today can affect the medical care you get years from now, so it is important to understand what is involved in these plans and what each of the types has to offer you. Citizens essentially have two choices when it comes to health insurance – a personal policy they pay for themselves, and an employer-sponsored policy or policy that comes through their employer. Both of them have advantages and disadvantages, but there are now companies that offer guides to each type of health insurance, and they usually have websites that answer all of your questions so that you can determine for yourself which policy to choose.

Understanding the Basics

In Bangkok and all across Thailand, people have choices when it comes to their health insurance. With a private insurance policy, you won’t lose coverage just because you change jobs, and you can even add an option that guarantees the policy will always be renewable. You can also customize the policy so that it better meets your needs, giving you more of a feeling of control. With employer-sponsored health plans, the employer pays for the premium so it is less expensive for you. However, these plans are unable to be personalized and, therefore, you don’t feel as much control over the policy as you do with private ones. The right Bangkok health insurance plan is often a matter of what your needs and goals are, but once you learn the basics of each type of plan, it is easier to decide which option is best for you. Employer plans usually cover you for pre-existing conditions and are usually perfect for general medical care, but they are not customizable like the private plans are.

Easily Get the Coverage You Need and Deserve

The coverage you need in a Bangkok insurance policy is easy to get once you learn the basics of each of the main types of policies, and the companies that provide assistance in understanding the policies are found online, where you can study and research the information and decide which policy to choose in the end. Private policies often require more paperwork and cost more because you pay for them yourself, but those who choose employer plans run the risk of having difficulty getting coverage when they leave their job, especially if they have a pre-existing condition. You can also find policies with inpatient cover only and ones with both inpatient and outpatient cover, and you can even add specialized coverage for dental care, vision care, and maternity care.

As you can see, there are pros and cons to each type of health insurance coverage, and the possibilities for each type are endless. Researching insurance policies online is often the best way to determine which one is best for you, and this is a simple task because you can read through the information in the comfort of your own home at your leisure, enabling you to take your time and get the right policy in the end.

 

 

Insurance,

9 Tips to Keep Your Vehicle Insurance Premiums Low

The only time most of you may think about vehicle insurance is when there is an accident, injury to the vehicle, or a ticket. But, for the very purpose of shielding you and your car from being compromised, motor insurances are extremely important. In end of 2018, the IRDAI (Insurance Regulatory and Development Authority of India) raised motor insurance personal accident cover to Rs. 15 lakhs from Rs. 1 lakh, making people to pay more premium than usual.

Customers now have to purchase the third-party policy for a longer tenure, which is 3 years if the vehicle is a car, and 5 years, if it is a two-wheeler. A mandatory personal accident cover has to be availed at annual premium of Rs. 750 for the owner-driver. While the decision certainly caused a hike in insurance prices, it also had its share of benefits.

So, how can you make your car insurance cheaper despite a hike in premiums? Today, we will discuss how to keep the costs of motor insurances lowest as possible.

  1. Compare Policies Before Purchase

Before taking a policy, spend some time to compare across providers. Most people avoid this step, especially when renewing the policy. An easy step to compare is go online and compare policies, and check out the features, additional covers, and other benefits. Within a half an hour, you will be able to understand, which policy is the most affordable and best-suited for your needs.

  1. Do Not Opt for Something You Do Not Need

So what is covered and what is not covered? Have you gone through the details of the policy? Is there any additional feature such as Road Side Assistance, lifetime guarantee on repairs, rental car in the instance of car being stolen, etc? These attractive features sound too good to be true? Well, you can avail additional services at an additional cost.

Skip the services you do not need and reduce the premium cost. For instance, if you use the vehicle only to commute short distances or busy road where garages are at proximity, then you may not need Road Side Assistance service in the insurance.

  1. Read the Fine Print

Do not blindly the sign the application form by choosing the cheapest policy available. You should never make assumptions about the policy, and trust only what the insurance agents or the product brochure promises. Go through the fine print of the policy in detail and understand how well you are covered under different circumstances.

For instance, will you get coverage if someone else driving your car, meets with an accident? If you are taking the vehicle insurance policy online on an aggregator site, check the details of this website and the insurance provider as well.

  1. Take Advantage of Discounts

Based on your driving record, age, profession, and other criteria laid down by the insurance company, you can get a discount on the premium. So, check with the provider if you qualify for a discount. You can also avail discounts, if you are a member of WIAA or AAI.

  1. Increase the Voluntary Deductible

There is an amount you may agree to pay for claims on the insurance or vehicle repairs, before the policy covers other costs. This amount that you pay is known as voluntary deductible, whose value you can choose at the start of taking a policy or during its renewal. Higher the voluntary deductible, lower will be the premium amount. While the idea may seem fetching, choose a deductible amount that you can afford.

If you opt for a larger deductible to reduce yearly premiums, but cannot afford the former, then the purpose of the claim is also defeated, leaving you in a financial mess. For instance, you have a claim of Rs. 20,000. The deductible is Rs. 15,000. Now, if your premium amount for a year is Rs. 15,000, the same can reduce to Rs. 12,000 given the higher voluntary deductible. So at time of a claim, you have to pay Rs. 15,000 on your own, and the insurance company will pay Rs. 5,000.

  1. Renew the Policy Before it Expires

Do not wait for your existing vehicle insurance policy to expire, before you can renew it. Renew it at least 45 days prior to expiry. In this case, if a price hike occurs in the period, the price you chose the policy for, is locked in, and you do not have to bear the hiked amount. Lapsing on the policy also means that the vehicle will not have any insurance protection.

  1. Value of the Vehicle

You can save paying large on motor insurance premiums by simply calculating the vehicle’s value beforehand. For instance, calculate the market value of your car before renewing the policy. This will help you know the depreciated value as per the current date. You can then easily negotiate with the insurance provider for the best rate on the premium.

  1. Install an Anti-Theft Device

If you can convince the insurance company that you have protected your car by installing anti-theft devices, the company may offer you a discount on premiums at least by 5 percent. As the provider is convinced that you have taken enough care and means to safeguard the vehicle, it may consider you as a lesser liability. It means you may avoid making claims at least because of car theft.

  1. No Claim Bonus (NCB)

If you do not make any claims in the preceding year, then you will get No Claim Bonus on the insurance. You can claim this bonus when renewing the policy. The NCB will be deducted from overall price of the insurance, and you will have to pay lower premium amount. If you keep a clean record of driving, then the No Claim Bonus in the future can reduce the premium amount by up to 50%.

So, do not be wary of insignificant change in premium cost because of hike in personal accident cover. It is for your benefit after all. But, if you are still worried about the little increase in the insurance cost, then you can follow the above-mentioned tips to balance of this increase, and considerably reduce the premium amount.

3 steps you can take to protect your family financially
Insurance,

3 steps you can take to protect your family financially

One of the most important reasons to manage your finances successfully is to try and create a comfortable life for your family. Attempting to build up a fortune can help to give you and your loved one’s security for the future.

Building an empire or having valuable assets to hand over is only half the battle when it comes to ensuring that your family is comfortable in monetary terms. You should be prepared for the unexpected; events that we may not want to think about, but which can happen to any person at any time, such as an accident or a change brought about through market forces or the environment.

That’s why it is important to not just concentrate on building wealth but protecting what you have as well. Here are three steps that you can take to protect your family from financial problems.

3 steps you can take to protect your family financially

Start an emergency fund

According to a Gallup poll, just under a third of Americans keep a family budget. That’s good – but a budget can only get you so far. When most of us are budgeting, we won’t take into account the sort of unexpected expenses that can hit anybody. We’re talking a major vehicle breakdown or an expensive problem with your home. Having to fork out thousands of dollars to fix your car or to sort out water damage to your home, for example, can blow a budget out of the window and leaving you reeling financially. That’s why you should set up an emergency fund which you pay a set amount into each month and is there for when unexpected problems do arise, helping to protect your family budget and your financial security at the same time.

Write a will

Nobody wants to think about their mortality, but sadly death is something that will affect us all at some point. How prepared for it are you? One of the most devastating aspects of an unexpected passing is the way that it can tear a family apart from a financial point of view. Not only can it cause arguments between family members over who has been left what of the deceased’s estate and end up with them requiring will litigation, but without a well written and legally binding last testament you could also leave your family open to having to pay huge taxes and legal fees as well.  Hire the help of a family attorney and ensure that you have given clear instructions as to what should happen to your family and your fortune in the event of anything unexpected happening.

Invest in yourselves

You might think that the best way to protect your family financially is by putting money away for a rainy day and while this is true, there is another way to boost their prospects as well – through investing in yourselves. Use your money to expand your skills, increase your education prospects and broaden your horizons. Somebody with a good college degree or an impressive range of qualifications has more chance of making money for themselves and not having to rely on a nest egg hidden away. Investing in yours and your family’s marketability and value can be the best investment you ever make.

Insurance,

Insurance Brokers Are the Best for Insurance on Your Commercial Assets

Being able to protect your commercial assets is most vital for any risk management program for a business. No doesn’t matter the type of business a person is into, it is mainly to be an insurer that will take the risk. But you need to know you are covered fully, getting value for your money or that you have used insurance brokers to get the best deal on insurance as well as be certain to do all that is needed to and totally supports you.

Guesswork out of insurance

Most insurance brokers will take all the guesswork out of the insurance process. They are not tied to any insurance company as they are able to look around to get you the best coverage for the best price. They can advise you on relevant information and insurance rates for your industry, source quotes, as well as maintain and review policies and will be your advocate if any claims arise. Because they are not agents of any one insurance company, their responsibility is totally to your needs.

Commercial protection

If you are looking for any advice on all general insurance matters concerning your commercial business, including protection for business property as well as motor vehicle, and defend against cyber risks, loss of revenue, and covers for public liabilities, insurance brokers will get you the best for your needs. You will find many insurance brokers working throughout Australia. This is where you will get your best value for your money for protection for your business as well as value for your personal insurance needs. An insurance broker is where you should go for all your insurance needs.

Simple

And the reason is simple; they are not tied to any one insurance company but are able to “shop around” to get you the best value for your money.

Insurance,

Understanding The Home Vacancy Insurance Policies

At the point when a property sits empty for any stretch of time, it experiences an alternate arrangement of dangers than those confronting a possessed structure, or even one ensured by inland marine protection over the span of development. An empty home protection approach offers truly necessary security for these helpless structures, yet precisely what and who it covers is frequently disregarded. Here, we give answers to as often as possible made inquiries about vacant and unoccupied home insurance.

The dwelling coverage of the vacancy insurance

Residential houses that are left empty can avail the vacancy insurance. This will help protect the property while left unattended. Most of the insurance company comes with policies that are accessible for a totally emptied property if it is well kept and in decent shape.

For the empty properties insurance product accessible, qualified residences can incorporate single-family homes, apartment suites, townhouses, duplexes, triplexes, and fourplexes. These properties can be anticipating deal or experiencing redesigns, however, it might rely upon the degree of the rebuild.

Furthermore, tied down manufactured houses or those on a perpetual establishment, and additionally, individual apartment suites or townhouse units might be qualified for empty structure protection. On the off chance that structures will be devastated, it’s unlikely they will be secured.

The personal property coverage

Individual property is the stuff you have inside your house premises such as the furniture, hardware, apparel, and adornments, for instance. Regardless of whether you possess a home or lease a condo, protection coverage regularly incorporate individual property scope. This kind of scope, intended to help ensure your possessions, may help give insurance in case of a secured misfortune, for example, theft or fire.

Although the company shoulders the protection of your belongings, this coverage typically comes with sub-limits for certain types of property and sometimes there are even limits for each item. An expert on this can enable you to choose whether you may profit by “planning” certain things, which implies availing separate scope to additionally ensure particular valuable things including your jewelry.

Other Structures Coverage in the insurance policy

Other structures coverage is also part of the home vacancy insurance policy that helps pay to replace structures other than your home, this will include the fence, on the off chance that they are harmed by a secured chance. For example, if a tree falls on your garage, different structures coverage may help pay for repairs.

The assurances offered by a homeowners insurance policy may fill in as a security net if the surprising happens. An expert in this field can enable you to choose the inclusions and limits that suits well for your needs.

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Advantages of Renewing Two-wheeler Insurance

Insurance is a necessary expense that can lower your financial burden at the time of a crisis. In India, it is mandatory by law to have an insurance for your vehicle. Due to the advent of technology, you can renew your two-wheeler insurance in 2018 effortlessly. Most of the insurance companies will provide an option on their website to pay insurance premium instantly.

The advantages of renewing your comprehensive two-wheeler insurance on time or in advance include:

a) Safety Net

If you meet with an accident, the comprehensive insurance policy will cover all the damages caused to the vehicle and your medical expenses as well.

b) Protection Against Natural Calamities

A natural calamity cannot be predicted. Similarly, you cannot predict if the natural calamity will affect your two-wheeler. If this happens, the insurance company will pay for the damages caused to your vehicle.

c) Protection Against Man-made Calamities

If there is a burglary at your residence, office, or parking lot, and your two-wheeler is stolen, the insurance company will provide compensation for the same.

Tips on Renewal of Your Insurance Plan

At the time of purchasing your vehicle, you might go with the comprehensive two-wheeler insurance plan suggested by the salesman at the two-wheeler showroom. Due to this, you might end up paying an exorbitant insurance premium which consists of various add-ons that you wouldn’t require. There are a few ways in which you can save on your comprehensive two wheeler insurance premium. These are:

a) Comparison

It is necessary to compare the various comprehensive two-wheeler insurance policies available in the market before you renew your two-wheeler insurance this year. A comprehensive comparison of all features offered by different insurance companies is available on Coverfox.com. You can select the insurance policy that suits you the most after the comparison.

b) No Claim Bonus (NCB)

This is a vital bonus you can obtain while renewing your insurance if you didn’t file a claim in the previous insured year or consecutive years. In most insurance policies, the percentage of NCB increases each year. You can get a discount of 20% to 50% based on the insurance company’s policies.

c) Add-on

Every insurance company provides add-ons with its comprehensive insurance policies. These include zero depreciation cover, key replacement, personal accident cover, accessories cover, consumables cover, etc. Choose the add-on which you think is absolutely necessary and opt out of the rest.

d) Insured Declared Value (IDV)

In case of a burglary or a major accident, the insurance company will compensate for your losses based on the current market value of the two-wheeler. This value is known as IDV (Insured Declared Value). You need to be aware of the IDV when you renew your two-wheeler insurance in India. It is advisable to opt for the insurance policy that provides the highest IDV if the remaining features of that insurance policy are also feasible for you.

Disadvantages of Not Renewing Your Insurance Cover

Although there are many advantages of renewing your two wheeler insurance on time, there are various disadvantages of not doing so as well. These are:

a) Late Fee

Most insurance companies charge a late fee if you do not pay your insurance premium on time. This fee is an unnecessary expense which can be avoided if you pay your insurance premium before the deadline.

b) Legal Aspects

In India, it is compulsory to have insurance for your two-wheeler. If you have an expired insurance, you will end up paying an exorbitant fine when the traffic cops conduct a routine check.

c) Third Party Liability

When you meet with an accident and your insurance policy is not updated, you’re liable to pay for the damages caused to the other party involved in the accident. You will have to spend your hard earned savings to settle such cases.

A Skillful Rider

Owning a two-wheeler is not sufficient. You need to abide by all the traffic rules and ensure that your vehicle has valid insurance. This way, in case of a mishap, all financial expenses will be taken care of. You can also opt for an add-on which ensures only original two-wheeler parts are replaced in such incidents. Make a smart decision and follow the given tips to ensure that you get the best available deal when you renew your two-wheeler insurance.

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Best Tips for a Business Insurance Renewal

A Business insurance renewal is an important part of due diligence and ensuring that your company is not at risk for loss or damages. All types of insurance policies will rise annually; it is simply how the industry works. If you do not pay careful attention to your professional coverage including the expenses involved, you could be paying higher fees than necessary. Rather than automatically update your insurance, consult with a professional team of experienced online insurance providers. Experts in business cover can help assess current company requirements and recommend modifications to policies. Understanding the need for flexible cover solutions and managing the costs will help find the coverage with value and a high standard of protection. Avoid a lapse in insurance and find protection that is cost effective with an online insurance comparison service.

The first step to business renewal is to obtain more than one insurance quote. Comparing the nature of cover and insurance available supports valuable estimates. Multiple quotations obtained before your insurance policy expires can help the business prepare for the change in coverage or the provider. Planning ahead can prevent lack of protection and ensure that the company is properly covered should unforeseen events occur.

Businesses are subject to many potential threats in its internal and external environment. Theft, asset damage, late customer payments and economic conditions all influence the normal productivity of an organization. When a disaster strikes or accidents occur and your company not prepared, it can cost an exorbitant amount of money that many firms cannot recover from. These devastating circumstances are best prevented with the right standard of professional insurance. An online market intermediary specializes in business renewals can help determine the nature of current cover and advise on upgrades in accordance with the changing needs of an enterprise. Businesses need adaptability and insurance plans that are flexible enough to meet with growing professional requirements. Insurance solutions are provided online making it easier to obtain the right options for coverage.

To learn the value of your business, a complete professional evaluation needs to be performed. Receiving updated information concerning the value of assets, risk factors, cash flow and operational expenses will determine accurate values for insurance protection. Looking at insurance renewals for your business must be based on a complete assessment. A failure to consider changes within the business and incorporating this within an insurance policy could spell professional disaster. The purpose of performing a business renewal for updated insurance is to ensure that policies are up to date and to modify the needs of the company along with its cover.

Comparisons of business insurance policies online is the most effective way to find insurance. Professional cover must make sense and sought from reputable industry providers. Comparing multiple quotes based on a company valuation helps determine which quotation is affordable and provides the right type of coverage. Investing in the proper insurance renewals will best protect the growth and development of a business brand.

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4 wheeler insurance claim: 4 Scenarios and the process of Claim

Having a car is a huge responsibility which is why insurance is mandatory for every vehicle. However, not many are aware of how to apply for the claim when it is needed. Here are four scenarios where a claim needs to be made and how to make it easily.

Motor insurance has always been one of the essential documents to have when you own a vehicle. With cars being the most popular form of transport in the country, car insurance is mandatory for everyone who owns it. Car insurance helps save and cover costs in case of an accident and injury that might or might not have been caused by you.

Four-wheeler insurance normally comes with policies that cover you in the case of an accident where you are injured or if you have to pay someone else for causing them harm. Claiming this insurance is not as difficult as it might look:

  • Own damage

In case you have been injured, or your car has been damaged due to an accident, you do not have to worry about the expenses. This is why car insurance is important. The first thing to do when applying for a claim on 4 wheeler insurance is to call your insurance company as soon as the accident occurs. This will enable them to send a surveyor to come along and check the damage when the police arrive too.

Remember, you cannot remove the car from the accident spot without the approval from the police and the insurance surveyor! After you send the car for repairs, you can either get an estimate or forward the same to the insurer for a pay-out or the insurance company will directly pay the repair shop for the charges incurred.

  • Theft claim

While it is common to check the coverage for damage and personal claims, people tend to overlook the theft claim. When it comes to theft of your four wheeler, you need to inform the police, file an FIR and inform your insurance company immediately.

Make sure that you read the claim documents carefully and keep the necessary paperwork ready along with the claim form fully filled, in case you are unable to get your vehicle back.

Many car insurance companies request for your vehicle’s original keys when submitting the form so don’t be surprised!

  • Third Party claim

In case you cause an accident, it is imperative that you cover the costs of the party that you harmed. In this case, your insurance company and the police should be involved in the procedure, and the third party’s injury and damage expenses should be covered by your Insurance Company.

3A. If you are the third party

If you have been injured and face damages due to a third party, you definitely need to be compensated for the same. To file a claim, you simply need to take down their insurance details and call their insurer and inform them about the accident. Do not forget to file a FIR with the police as well!

  • Voluntary Deductibles

If you are looking to split the amount to pay for your four-wheeler, this will help to reduce your premiums as well. So if you increase your deductibles, you can easily apply for a partial insurance claim in case of any accident and split the bill with the car insurance company.

Four wheeler insurance is no joke, and it definitely shouldn’t be treated as one. Having the right knowledge about them and the way to claim your insurance when needed will surely save you a lot of money in the long run.

 

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Some facts about Driving under Influence [DUI]

The generation has been changed and so the people. Today, everyone has started doing the illegal things such as fraud, breaking the rules and much more. The economic downfall has been changed the people’s mindset and for living people would do anything. As we know the culture has been changed and people are busy with their own work and responsibilities towards life. They have no time to think that what they are doing is right or wrong. In the www.celinedostaler.ca you will get to see many case stories which are more of the DUI cases. The impaired driving has been increased a lot from a couple of years.

 According to the criminal lawyers in ottawa, there are many cases which are on the teenagers. The drink and drive has become a fashion among the youth and they do not think its effects on their life. Seriously, they can be messed up with criminal charges or can also face an accident, which could be a disaster. Here are some facts which should be known about the driving under the influence which we would discuss below in some points.

  1. For every hour, someone has been facing an accident and killed in a drunk and drive case. Which means around 25-30 people a day. It’s something very uncommon, but people seriously doesn’t think that they are being snatched someone’s precious life. According to the criminal lawyers ottawa there are people who are having many illegal cases, though they ride in an impaired condition.
  2. On an average count a person would drive in an impaired condition for about 70 times until he/ she have been arrested. These days the women are also being arrested in the case of drunk and drive. The alcohol consumption has been increased in a wide range over the years.
  3. The impaired condition doesn’t require that the person is driving in an alcoholic state, but it can be also the case of drug intake. According to the criminal lawyers in ottawa, in some cases, if the blood alcoholic rate is more then also the person can be charged for the DUI. The blood alcoholic rate can also be increased due to some food items which have the alcohol in it.
  4. About 70% people drive in the impaired condition even when their license has been acquired by the police. Once anyone has been caught for the drunk driving case, then for the long period of time their license would be in legal custody and also the cops would have an eye on them.
  5. The teenagers and kids who get evolved in this DUI case would probably face this problem for more 7 times in their lifetime. The criminal lawyers ottawa state that once anyone is acquired with the criminal charge, then it’s difficult to get rid of it easily.

It’s known that taking a cold shower, a coffee, eating curd etc would help to make a person more sober. In case one is consumed the alcohol, then do use these things for being stable while driving. It would be better if everyone avoids the impaired driving in sake for many lives.

 

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The Main Facts You should Remember if You’ve had a Burn Injury in the Workplace

Burns happen more often than we realise – in fact, often they go unreported or underestimated and the true consequences are only felt when it’s too late to act. Burns are not only caused by hot surfaces, but are often a result of electrical mishaps (short-circuits, electrocution), friction (road accidents or recurring movement), chemicals, or even very cold surfaces. It’s important that the burns are recognised and recorded immediately, so legal liability can be established right away. If you have ever been a victim of a burn in the workplace, you have certain rights, after all. Here are the main facts you should remember if you’ve had a burn injury in the workplace.

Common accidents

Although different workplaces offer and present different risks, factory workers or employees that are confronted with dangerous chemicals or electrical works (such as in workshops or laboratories) are usually at a higher degree of risk. Following is a short list of common accidents:

  • Workplace fires – due to heat sources, chemicals, or electrical faults
  • Electrical burns
  • Inhalation of toxic fumes resulting in the burning of lungs and other parts of the body
  • Contact with hot machinery
  • Thermal burns using extremely hot or extremely cold equipment and tools
  • Radiation

The effects of the incident

The effects are not just a matter of immediate pain and suffering to the victim – they also result in consequences often unforeseen. Here’s a short list:

  • Burns can lead to infections that affect other parts of the body
  • Burns can lead to permanent disfigurement
  • Burns can lead to severe damage to the skin and nerves
  • Burns can lead to long-lasting emotional and psychological suffering

What you can do

That the injury happens is bad enough, but it’s important you take the correct steps immediately:

  • Immediately report the incident and the burn
  • Immediately seek medical advice and treatment
  • Obtain evidence in the form of reports, photographs, etc, of the burns and the circumstances
  • Record the names of witnesses and other information that help you establish the facts
  • Keep track of any expenses incurred

Don’t forget that the compensation for burns at work you may have right to is not only measured in harm caused physically (medically) or psychologically (or emotionally). Those are the kind of measurements that are difficult to judge and quantify. However, you should keep a list of all expenses you incur due to the injury (this includes extra needs for transportation, medicine, loss of work, loss of vacation, and so on) – these kind of financial issues are much easier to calculate and should be recorded meticulously. If ever you have been a victim, never hesitate. Keep accurate records and make sure you seek legal advice to claim compensation.