The Concept Of Group Of One Health Insurance

Small business forms the backbone of our economy. It is rather interesting then to realize what a raw deal small business gets. A classic example is the brutally difficult time a self-employed person with a pre-existing condition has trying to get health insurance. If you are lucky, some states have a concept known as a group of one that can help.

Health insurance companies are in business to make money. People seem to forget this. I am not standing up for these companies. They do some pretty brutal things in my opinion, but people need to remember they are businesses. As businesses, they don?t want to ensure someone they know is going to cost them a bundle. No business wants a customer like that. Self-employed individuals with pre-existing conditions are, unfortunately, just that.

The ?group of one? health insurance option is a real winner. It is based on the idea that a person cannot be denied coverage because of a pre-existing condition under a group policy. For instance, a person with a heart condition who works for Google cannot be denied coverage under their plan. In states that allow it, you can actually purchase group plans for your self-employed business and then join your own group. It sounds strange, but it works.

Are there any downsides to this strategy? Yes, there are a few. First, the group of one concept is so despised by insurance companies that a law has to be passed before they will submit to it. So far, only 12 states have it – Colorado, Connecticut, Delaware, Hawaii, Maine, Massachusetts, Michigan, Mississippi, New Hampshire, North Carolina, Rhode Island and Vermont. If you live in another state, the group of one strategy cannot be used.

The second problem is the timing of coverage. While the 12 states above will allow the group of one concept, the coverage can be limited at first. A not uncommon regulation is the insurance company can avoid coverage on the pre-existing condition for the first six months of the policy. For individuals with ongoing health problems, this is a huge problem.

Is group of one health insurance the answer for individuals seeking health insurance with pre-existing conditions? Yes, if you live in one of the 12 golden states that allow it.

Cat Health Insurance – Should You Insure Your Senior Cat?

While many companies that offer cat health insurance are happy to insure a pet that is 8 years old of younger you might have to do a little digging to find a policy for your senior pet.

Many people question whether it is necessary to ensure a cat at all. One good reason is the rising cost of pet care in this high tech day and age. While there have been some wonderful breakthroughs in the technology surrounding veterinary care – laser treatment, radiation therapy, ultrasounds and more – this improved technology comes at a price, and getting treatment for a sick cat can be exorbitantly expensive. Compounded on this is the fact that emergency treatment comes at a premium over regular care, so if you have to bring in your pet after hours you can be hit with a huge bill.

With cat pet insurance you don’t have to worry about facing this massive one time charge, instead paying regularly, and easily budgeted for, monthly premiums.

Older cats are more prone to conditions like arthritis, obesity, diabetes, and cataracts, and though the premiums will be higher for these animals will be higher they can certainly pay off in the long run. Just one expensive procedure for your older pet will likely cost more than years of premiums.

Currently, it is estimated that only 1 in 20 pet owners opt for cat pet insurance. However, as prices have gone up for procedures in recent years this percentage has been rising steadily. Depending on your financial situation it might be time to consider this option for your pet.

Shop Around When It Comes To Car Insurance Quotes

When it comes to getting the cheapest car insurance quotes then the best deals available can be found right from the comfort of your own home using your home computer and the internet. There is a lot to know when it comes to getting the best deal on car insurance quotes and the more information you can gather together then the better deal you will be able to get.

Using one of the popular search engines you will be inundated with hundreds of insurers to choose from, not only will you be able to search quickly and easily through them for the best and cheapest premium for your car insurance but you will also be able to read what the various policies are and decide which might be the most suitable for you and your needs.

When it comes to car insurance the majority of insurers will offer you three types of insurance, this is third party only, third party fire and theft and fully comprehensive insurance.

Several factors will have to be taken into account when it comes to deciding which type is the most suitable for your needs. If you have a brand new car then of course you would be wise to take out fully comprehensive insurance, this will cover you for the majority of things. However it is the most expensive of the options and if you are a young driver it will cost you dearly.

If your car is an older model then of course third party might be the better option, this is cheaper than fully comp and is more suitable for the younger driver. Whichever option you choose to go with it is essential that you fully understand what the policy entails and what you are and are not covered for, above all use the internet to your advantage by shopping around and ensuring that when it comes to car insurance quotes you get the best deal.

Why Business Travel Insurance

If you attend business trips at all, regardless of the level of frequency with which you have to attend them, then you need to be making sure that you protect yourself with adequate business travel insurance. Business trips form a vital part of the chain of commerce, and this chain can seize up, or be snapped if any incongruity within business trips develops. The type of business travel insurance that is purchased is often dependent on the frequency of business trip attendance. Annual business travel insurance is the one to go for if you spend a great deal of time travelling on business trips. If it is just the once or twice a year though it is often cost effective to get single trip business travel insurance. Below are some adverse scenarios that make business travel insurance such a saviour.

Business is really high octane stuff, and therefore meetings can be cancelled a lot quicker than they are arranged. If a meeting is cancelled or rescheduled and you do not have travel insurance, then you are going to have to pay for another flight, the next time you have to travel, in relation to that meeting.

Imagine how awful it would be if a person was the ideal one for the job of going on a business trip and all of a sudden, just before, they became ill. It could be really terrible for the business as well as the sick individual. A good business travel insurance policy will cover whatever the cost is for being replaced by another colleague. Flights and accommodation are included in all of this.

Because business is a fast world the majority of business people are reliant on the gadgetry that comes as standard with modern technology: the able accomplice of speed. It can be a really disastrous occurance if something like a laptop or PDA goes missing. It is not just the fact that all of the important data has been lost, but a case of having to pay to replace the equipment that is no longer of your person. Business travel insurance will cover the cost of replacement and a really good policy will have it replaced within 24 hours.

Never think that you are going to be adequately covered by any non- business travel insurance that you have. There are umpteen things that you are not going to be covered for with such a policy. Always read the small print and stick to the golden rule. If you are going on a business trip then get business travel insurance. It is imperative that you have business travel insurance regardless of the level of severity with which you have been injured. If you are travelling to Canada or the US then this becomes highlighted by monetary significance. Things that would be covered by non- business travel insurance often become completely voided because they occurred on a business trip, so stick to the aforementioned golden rule.