By: Elena Grace Flores
Timing matters when you buy car insurance. December is more likely to be the cheapest month to buy it because this is when people are perceived to have a lot of things to pay for. Insurers would be lowering prices just to reach their target revenues for the month – at least to pay overhead and end-year bonuses. They have no choice but to design a promotional offer that most people can’t refuse.
It is also observed that local regulations can affect car insurance rates because prices vary from one place to another – despite being issued by a sole insurance company. This is why shopping around for the best insurance coverage with the corresponding good rate is essential. Of course, you may not get the best service when you buy the insurance away from home – but you can avoid the months when your locality is selling expensive car insurances.
Insurance brokers are good sources of information when shopping for attractive car insurance deals. They’re the ones who know if there are promotions offered for outstanding university students, or can refer a company that is selling both home and car insurance to get a loyalty discount and suggest the one providing the highest discount when paying a lump sum upfront. Mind you, you might want to ask them also if being married or getting through a dignified driving school can help in lowering down your car insurance cost.
By: Elena Grace Flores
If you are a U.S. citizen of legal age, you will be fined a penalty for not having a health insurance. Consider this fact. If you end up accumulating substantial medical bills to the government simply because you are not covered by any insurance, the funds from other tax payers will be used to pay off your damages.
In third world countries when most people do not have health insurance or no access to social security memberships due to unemployment, they can die from simple medical cases like giving birth or diarrhea – because public hospitals will not admit those who can’t afford even just for the medications required due to overcrowding!
Whereas in first world countries, people pay almost 50% of their income for healthcare but when they are sick from whatever diseases, they can be admitted to dignified hospitals and get proper care without worrying for medical bills. So, it is fair what the Americans are doing – to let those who can afford pay for their own insurance and penalize those who do not follow unless you are under government subsidy.
Despite paying the penalty for not having a health insurance, you are still uninsured so when availing hospital care, you still have to pay your own bills and for those who are dependent on your income. So, no matter where you live – it is wise to pay for your own health insurance according to what you can afford or suffer the consequences of not having one!
By: Elena Grace Flores
Unlike the United States, most countries do not penalize their citizens for not having health insurance – but for those who can afford it, not obliged to buy one does not mean people can save up. To the contrary, that could even spell disaster for them when illnesses or accidents occur – causing bodily harm that requires intensive hospitalization and care. Medical bills are number one expense that most people are having hard time to generate to the fullest. Often, they end up getting emergency loans or borrowing from other people or lending establishments.
It is a wise financial move to make it a point to buy health insurance especially when you do not have enough money for emergency. Besides, when you are ill, you really do not know for sure how much is enough. Health insurance is there to give you the peace of mind that when you are unable to continue raising money for the family temporarily regardless of what kind of disease hits you, you are covered!
Every head of the family ideally must get his or her health insurance and also extend the benefit to the whole family. Multinational companies normally offer this as a benefit to their employees but if your company does not include this in your compensation package, might as well pay for your own health insurance coverage.
Insurance costs vary according to coverage. Therefore, choose a health plan that is suitable for your lifestyle or family history. They are normally affordable when you pay once for the whole year for a satisfactory coverage that includes hospitalization in one of the accredited hospitals near your area. Most health insurances cover a fixed amount per disease. Do not wait until you get sick to get the insurance needed or else the premium will already sky rocket!