Adding an accidental death and dismemberment rider to a term
life policy is an ideal way for those who need extra protection
to get combined and comprehensive coverage.
Accidental death and dismemberment riders are also known as "A
D & D Riders" as well as "Multiple Indemnities.
indemnities mean that an insurance company will pay a multiple
of the policy's face value. This is the amount that the policy
would pay to the beneficiary in the event of the death of the
insured person.
One common example of indemnities is double indemnities. This
pays an equal amount to the face value of the policy so if the
insured person dies in an accident, the beneficiary receives
the policy face value and the A D & D Rider face value, which
is twice as much as the original amount.
Additional Occurrences Covered by an A D & D Rider
Depending on the rider coverage you choose to add to your term
life insurance policy, A D & D Riders may also cover loss of
sight or the loss of one or more limbs. Of course, you would
have to double check the provisions of your policy as each
carrier stipulates specific designated time frames when payment
can be received from the date that your accident occurred. For
example, imagine an insured person was in a work accident where
a crate fell on the insured person's legs, damaging the limbs
enough so that their legs needed to be amputated a few weeks
after the accident occurred. Usually the coverage period would
depend on the state in which that the policy is drawn, however,
a 90 day waiting period after the limbs are amputated is common
for this type of rider.
The most important thing to keep in mind is that A D & D Riders
do NOT cover death by any form of illegal or crime related
activities. This type of rider also does not cover death by
suicide or death by a malfunction of the body. An example of
"malfunction of the body" would be someone that suffered a
stroke or heart attack while driving. If the heart attack or
stroke occurred before the accident and the accident was the
result of that bodily malfunction, death as a result of the
accident would not be covered. Accidental death means that an
unforeseen circumstance caused death that is unrelated to the
body. The death had to have been unexpected. This is where the
term life insurance policy becomes important. While the insured
would not benefit from the rider, they would most certainly
benefit from the term life insurance policy.
Aside from accidental death, A D & D riders also cover
dismemberment. In the case of the accidental loss of one arm or
one leg only one half of the death benefit would be paid to the
insured. In the event that the insured person suffered the loss
of two or more limbs (combination of arms and legs), then that
would result in the entire face value (death benefit) being
paid to the insured. In this event, the A D & D Rider would be
terminated or waived because the entire face value of the death
benefit/term life insurance policy would have already been paid
out. Most A D & D Riders also include the sudden loss of
vision. The same principles apply. If one eye is lost only one
half of the benefit is paid out. If both eyes are lost then the
insured will receive the whole face value of the death benefit.
A D & D Riders are important to consider adding to term life
insurance policies especially if you use your body to earn your
livelihood. Make sure to get a term life insurance with rider
quote from a few different carriers to ensure the best rate.
About The Author: Sharon Taylor writes informative articles for
http://www.equote.
resource for term life insurance, no-obligation quotes, and
other helpful resource information.
Please use the HTML version of this article at:
http://www.isnare.
Sunday, June 17, 2007
Term Life Insurance With Accidental Death And Dismemberment Rider
How A Debt Consolidation Loan Online Can Help When Insurance Won't Cover Your Medical Bills
Medical insurance is a wonderful thing when you have it, but
even the best medical insurance does not always cover
everything. Sometimes this can be a problem. When medical bills
become large due to surgeries or continued illness, the portion
that you are to pay can become more than what you can afford
quickly. A debt consolidation loan online can become very handy
in this case.
When my son was born, he had to be in the neo-natal unit for
eight days due to water in his airways and a heart murmur.
While in there, he developed and was treated for jaundice. He
was given several tests during his stay also. My wife and I
were very lucky for two reasons. Our little guy came out just
fine and is a healthy thirteen month old now, and we have great
insurance. Our insurance covered the entirety of his stay.
However, they did send the statement to me detailing the cost
of his stay. I'm sharing this story not because I want to point
out my luck but to bring home the fact that even 20% of his
$25,000 hospital bill would be a pretty sizable bill to have to
pay all at once. Hospitals will be willing to work with you to
an extent, but they are not creditors and will not allow you to
stretch your payments over a long period of time, but a debt
consolidation loan online will.
A debt consolidation loan online can take an overall debt of
say $5000 and instead of asking you to pay it in its entirety
in a few months, you can do it in a few years. This will allow
the payment to be workable for you and your budget. Within
reason, a loan term can be lengthened or shortened to make the
payment work within what you can spend each month. In this way,
you will not be searching to find $1000 extra over the next five
months, you will make reasonable monthly payments until the debt
is paid off.
A few benefits to the debt consolidation loan online are that
they can happen relatively quickly, you can combine other debts
with them, they have lower interest rates than credit cards, and
they are done in complete privacy. After researching banks, once
you've decided which bank has the right interest rate and terms
for your loan, you usually can simply go online and apply for
said loan. After some communication with a loan officer, your
loan will be approved and you'll be ready to pay the debts off.
This should take a matter of days, not weeks. When setting up
the loan you will be able to add any credit card debt you
currently have. Since the interest rate of a debt consolidation
loan online is less than that of a credit card, your overall
debt payments will decrease as opposed to what you were paying
before which will save you money. Finally, no one other than
you, your spouse, and anyone else you choose will have to know
what you're doing with your finances and why. It's none of
their business and with this loan, it stays that way.
A debt consolidation loan online can take a very trying time in
your life and relieve at least some of the stress that you're
feeling. It will help you maintain control of your finances
through this time. You will have peace of mind at least in the
financial aspect of your life.
About The Author: Discover the power of a debt consolidation
loan online to effectively get your finances under control.
Visit http://www.your-debt-consolidation-loan.com to find out
more about how you can turn your finances around.
Please use the HTML version of this article at:
http://www.isnare.com/html.php?aid=144009
even the best medical insurance does not always cover
everything. Sometimes this can be a problem. When medical bills
become large due to surgeries or continued illness, the portion
that you are to pay can become more than what you can afford
quickly. A debt consolidation loan online can become very handy
in this case.
When my son was born, he had to be in the neo-natal unit for
eight days due to water in his airways and a heart murmur.
While in there, he developed and was treated for jaundice. He
was given several tests during his stay also. My wife and I
were very lucky for two reasons. Our little guy came out just
fine and is a healthy thirteen month old now, and we have great
insurance. Our insurance covered the entirety of his stay.
However, they did send the statement to me detailing the cost
of his stay. I'm sharing this story not because I want to point
out my luck but to bring home the fact that even 20% of his
$25,000 hospital bill would be a pretty sizable bill to have to
pay all at once. Hospitals will be willing to work with you to
an extent, but they are not creditors and will not allow you to
stretch your payments over a long period of time, but a debt
consolidation loan online will.
A debt consolidation loan online can take an overall debt of
say $5000 and instead of asking you to pay it in its entirety
in a few months, you can do it in a few years. This will allow
the payment to be workable for you and your budget. Within
reason, a loan term can be lengthened or shortened to make the
payment work within what you can spend each month. In this way,
you will not be searching to find $1000 extra over the next five
months, you will make reasonable monthly payments until the debt
is paid off.
A few benefits to the debt consolidation loan online are that
they can happen relatively quickly, you can combine other debts
with them, they have lower interest rates than credit cards, and
they are done in complete privacy. After researching banks, once
you've decided which bank has the right interest rate and terms
for your loan, you usually can simply go online and apply for
said loan. After some communication with a loan officer, your
loan will be approved and you'll be ready to pay the debts off.
This should take a matter of days, not weeks. When setting up
the loan you will be able to add any credit card debt you
currently have. Since the interest rate of a debt consolidation
loan online is less than that of a credit card, your overall
debt payments will decrease as opposed to what you were paying
before which will save you money. Finally, no one other than
you, your spouse, and anyone else you choose will have to know
what you're doing with your finances and why. It's none of
their business and with this loan, it stays that way.
A debt consolidation loan online can take a very trying time in
your life and relieve at least some of the stress that you're
feeling. It will help you maintain control of your finances
through this time. You will have peace of mind at least in the
financial aspect of your life.
About The Author: Discover the power of a debt consolidation
loan online to effectively get your finances under control.
Visit http://www.your-
more about how you can turn your finances around.
Please use the HTML version of this article at:
http://www.isnare.
Choices For Self Employed Health Insurance
Going into business on your own can be a very scary
proposition. Worry seems to crop up at every turn. From
finances to ensuring enough work to actually stay busy,
concerns people didn't even think could become concerns will!
There's at least a little comfort to be had on the self
employed health insurance front; options are available.
Finding the best possible self employed health insurance will
very likely depend on personal circumstance, however, and even
the state in which one resides. For example, some states
require insurance companies allow the inclusion of the self
employed in group health plans under special circumstances;
others do not.
The basic things to look at for self employed health insurance,
include:
* Necessity. The self employed will generally find if another
option is available, such as a spouse's group coverage, it will
be the best overall choice. The coverage premiums tend to be
less and the overall protection better in a lot of cases.
* Number of employees. If you're going into business on your
own, with no employees, it might be difficult to get into a
group policy. When this option is present, however, it tends to
offer the greatest coverage for the least amount of money. The
number of employees in the business can open the door for group
coverage. Also, if you are going it alone, check closely to see
if your state offers any group health coverage loopholes for
the self employed. This could save you a bundle.
* Type of coverage desired. This will greatly impact the
options and prices being offered. Decide if you want an HMO,
PPO or simply catastrophic hospitalization coverage. The first
two options are the ones most people tend to go with, but the
last has some benefits in a pinch.
* Money available to spend on premiums. This, unfortunately,
will be a big determining factor for many - especially the
newly self employed in most cases. Policies can range from a
little over $100 in some cases to well into $1,000 or more.
Once decisions have been made, it's time to shop around. The
best way to do this is to stake out a decent block of time and
do some major comparison shopping. Plan on receiving a lot of
telephone calls and placing them, even if the Internet is used.
To make the determination on the best possible plan for self
employed health insurance, it's important to look at the
overall picture. Consider such things as deductibles, monthly
premiums, overall coverage, out-of-pocket expenses and even
drug coverage. The best options will generally rise to the top
pretty quickly.
Going into business can be a fantastic step for freedom and
financial security. It can, however, bring a lot of worry with
it. Shopping for the best self employed health insurance tends
to be one of the very big concerns that come along with this
proposition. Take the time to fully research the options to
find the best possible coverage for the most economical rate.
Doing so can pay off down the road.
About The Author: For more information on health insurance, try
visiting http://www.healthinsurancedecision.com - a website that
specializes in providing health insurance related tips, advice
and resources to include information on self employed health
insurance.
Please use the HTML version of this article at:
http://www.isnare.com/html.php?aid=160535
proposition. Worry seems to crop up at every turn. From
finances to ensuring enough work to actually stay busy,
concerns people didn't even think could become concerns will!
There's at least a little comfort to be had on the self
employed health insurance front; options are available.
Finding the best possible self employed health insurance will
very likely depend on personal circumstance, however, and even
the state in which one resides. For example, some states
require insurance companies allow the inclusion of the self
employed in group health plans under special circumstances;
others do not.
The basic things to look at for self employed health insurance,
include:
* Necessity. The self employed will generally find if another
option is available, such as a spouse's group coverage, it will
be the best overall choice. The coverage premiums tend to be
less and the overall protection better in a lot of cases.
* Number of employees. If you're going into business on your
own, with no employees, it might be difficult to get into a
group policy. When this option is present, however, it tends to
offer the greatest coverage for the least amount of money. The
number of employees in the business can open the door for group
coverage. Also, if you are going it alone, check closely to see
if your state offers any group health coverage loopholes for
the self employed. This could save you a bundle.
* Type of coverage desired. This will greatly impact the
options and prices being offered. Decide if you want an HMO,
PPO or simply catastrophic hospitalization coverage. The first
two options are the ones most people tend to go with, but the
last has some benefits in a pinch.
* Money available to spend on premiums. This, unfortunately,
will be a big determining factor for many - especially the
newly self employed in most cases. Policies can range from a
little over $100 in some cases to well into $1,000 or more.
Once decisions have been made, it's time to shop around. The
best way to do this is to stake out a decent block of time and
do some major comparison shopping. Plan on receiving a lot of
telephone calls and placing them, even if the Internet is used.
To make the determination on the best possible plan for self
employed health insurance, it's important to look at the
overall picture. Consider such things as deductibles, monthly
premiums, overall coverage, out-of-pocket expenses and even
drug coverage. The best options will generally rise to the top
pretty quickly.
Going into business can be a fantastic step for freedom and
financial security. It can, however, bring a lot of worry with
it. Shopping for the best self employed health insurance tends
to be one of the very big concerns that come along with this
proposition. Take the time to fully research the options to
find the best possible coverage for the most economical rate.
Doing so can pay off down the road.
About The Author: For more information on health insurance, try
visiting http://www.healthin
specializes in providing health insurance related tips, advice
and resources to include information on self employed health
insurance.
Please use the HTML version of this article at:
http://www.isnare.
6 Tips For Sorting Out Health Insurance Companies
Anyone shopping for health insurance will soon find there are a
whole lot of insurance companies out there that offer coverage.
Sorting out health insurance companies to find the best
possible coverage for the most reasonable rates can be the real
trick in locating a good policy. It can, however, be done.
Those looking for coverage for themselves, their families or
even their employees will need to take the task very seriously.
It will take some time, but the investment of a few hours or
even a few days can result in a policy that does what it's
supposed to when it's needed. Slacking on the job can result in
some major problems down the road.
Examining health insurance companies to find the best will
require looking at:
* Policy options. This, of course, is a given. The types of
policies offered, what they cover and what they don't can very
often separate the best from the worst quite quickly. Whether
it's individual coverage or family coverage required, most
people want to get the best bang for their buck.
* Pricing. To go along with that bang for the buck, the money
out of pocket is a very big factor in choosing an insurance
company. Things to look at here include such issues as
premiums, deductibles and total out of pocket expenses that
could be associated with a medical incident arising.
* Drug coverage. This might not always be a concern, but if
illness strikes or maintenance medications are needed, it can
become one fast. Many major medical insurance companies offer
some form of drug coverage to go along with their plans.
* Doctor preference. It is a very good idea, if possible, to
check with current doctors to get their input about potential
insurance companies. The best priced plan might not seem like
that if a favorite doctor isn't covered. Doctors can also
generally offer some great insight about who pays their bills
on time and who doesn't.
* Hospital coverage. It is very important to find out if
different health insurance companies cover the hospitals and
other medical facilities in the geographic area where the
coverage is needed. If they don't, their plans are likely not
worth looking at. Some of the lesser known companies might not
have medical participants in all areas.
* Overall reputation. If at all possible, this is also worth
checking into. Even if doctors and hospitals are covered, if a
lot of clients have had problems with the companies in the
past, they might be worth steering clear of. It will be
virtually impossible to find an insurance company that every
customer gives high marks, but those who have numerous and
repeat complaints should raise a red flag.
There are some very good health insurance companies and others
that might not be the best for personal needs. The only way to
find out which is the best choice and which might not be is to
fully check them out. This means checking into pricing,
policies, doctor preference and more.
About The Author: For more information on health insurance, try
visiting http://www.healthinsurancedecision.com - a website that
specializes in providing health insurance related tips, advice
and resources to include information on health insurance
companies.
Please use the HTML version of this article at:
http://www.isnare.com/html.php?aid=159401
whole lot of insurance companies out there that offer coverage.
Sorting out health insurance companies to find the best
possible coverage for the most reasonable rates can be the real
trick in locating a good policy. It can, however, be done.
Those looking for coverage for themselves, their families or
even their employees will need to take the task very seriously.
It will take some time, but the investment of a few hours or
even a few days can result in a policy that does what it's
supposed to when it's needed. Slacking on the job can result in
some major problems down the road.
Examining health insurance companies to find the best will
require looking at:
* Policy options. This, of course, is a given. The types of
policies offered, what they cover and what they don't can very
often separate the best from the worst quite quickly. Whether
it's individual coverage or family coverage required, most
people want to get the best bang for their buck.
* Pricing. To go along with that bang for the buck, the money
out of pocket is a very big factor in choosing an insurance
company. Things to look at here include such issues as
premiums, deductibles and total out of pocket expenses that
could be associated with a medical incident arising.
* Drug coverage. This might not always be a concern, but if
illness strikes or maintenance medications are needed, it can
become one fast. Many major medical insurance companies offer
some form of drug coverage to go along with their plans.
* Doctor preference. It is a very good idea, if possible, to
check with current doctors to get their input about potential
insurance companies. The best priced plan might not seem like
that if a favorite doctor isn't covered. Doctors can also
generally offer some great insight about who pays their bills
on time and who doesn't.
* Hospital coverage. It is very important to find out if
different health insurance companies cover the hospitals and
other medical facilities in the geographic area where the
coverage is needed. If they don't, their plans are likely not
worth looking at. Some of the lesser known companies might not
have medical participants in all areas.
* Overall reputation. If at all possible, this is also worth
checking into. Even if doctors and hospitals are covered, if a
lot of clients have had problems with the companies in the
past, they might be worth steering clear of. It will be
virtually impossible to find an insurance company that every
customer gives high marks, but those who have numerous and
repeat complaints should raise a red flag.
There are some very good health insurance companies and others
that might not be the best for personal needs. The only way to
find out which is the best choice and which might not be is to
fully check them out. This means checking into pricing,
policies, doctor preference and more.
About The Author: For more information on health insurance, try
visiting http://www.healthin
specializes in providing health insurance related tips, advice
and resources to include information on health insurance
companies.
Please use the HTML version of this article at:
http://www.isnare.
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