What is The Policy Number on an Insurance Card

What is The Policy Number on an Insurance Card

In this lesson, we'll review various types of insurance cards. Including some of the common ones.

You might see patients come in with you'll also be able to print out a job aid on. Becoming familiar with insurance cards, with an overview of the key information to look for as shown in this lesson as a result, you'll be able to identify cards and where to find key information describe the four parts of Medicare and distinguish an HMO card from other insurance cards.

Medicare covers adults 65 and older. Qualified younger adults with disabilities and those with in stage renal disease. The Medicare program has four parts. It's important to verify which Medicare Parts A patient has. All people eligible for Medicare get Part A most people purchase Part B coverage as well.

Part A is for hospital inpatient coverage, Part B covers doctor visits and some vaccines, Part C is when Medicare reassigns their A and B benefits to Part C. When they do this, the patient no longer has Parts A and B they have C instead. Think A plus B equals C, Part D is for prescriptions will review Part D in a moment.

This is a traditional Medicare card it shows coverage for both Part A hospital care and Part B doctor visits. As of 2013, the Medicare ID is the patient's social security number plus a letter this may change in the future.

This is a sample Medicare Advantage card for Part C, remember that's equal to Parts A and B together. Some Advantage plans may also cover Part D prescriptions, if you're not sure you'll have to check the patient's plan and current benefits.

The advantage card is issued by a private insurer that contracts with Medicare. In this case, Blue Cross Blue Shield the arrow shows that the card says Medicare Advantage PPO. It also shows the subscriber number for Chris Hall and the group number, both pieces of information. You may need if you have to check on this patient's coverage or Benefits. Contact information for the insurer is usually on the back side of the card.

This is a sample card for Medicare Part D , which covers prescription drugs and certain vaccines. Sometimes it's called a Medicare supplement card or a pharmacy card. Like Medicare Advantage, Part D cards are usually issued by a private insurer contracting with Medicare, in this case Health Net.

The look of the card may vary but it will always show the patient's name, ID number, group number and effective date of service. Information on how to contact the plan is usually on the back side of the card if a patient presents for immunizations and has Medicare, ask them for the card they give to their pharmacy.

Here's an example of a medical card. It's sometimes called A, B, C card. Meaning benefits identification card, it lists the patient's unique medical ID number name sex date of birth and issue date with the exception of infants 30 days old and younger each participant should have their own card per medical guidelines. It's a good policy to request the card and verify the person's ID.

This is a sample private insurance card for BlueCross BlueShield, while plans and cards vary greatly. They have several things in common the card lists the patient's name and unique ID number. Typically for Blue Cross the ID number will begin with a three-letter code that identifies the subscribing company to the health plan. 

There will be a group number a plan number and effective dates often, it will list that the plan is a PPO or preferred provider organization. Generally PPO plans require your clinic to have a contract in place. In order to receive payment that will allow you to build them as an out-of-network provider. If your department has a contract with the insurer, you should build patients at the in-network rate, if you have no contract you should check to see if the patient's PPO plan includes out-of-network benefits. That means the patient's insurance should be valid at your clinic.

This is a sample HMO card meaning health maintenance organization, you can usually recognize HMO cards because they should include. The letters HMO on the front it's helpful to be familiar with common local HMOs like Kaiser. The most important thing to know is that most of the time HMOs will not pay their enrolled patients to go to an outside provider including the health department.

That's because HMOs already pay their network doctors. S monthly set rate also called a capitated rate to give immunizations and provide other services in rare circumstances a local HMO may contract with the health department for specific services or allow a member to get a one-time service.

Kn such a case the client must have a written authorization from the HMO noting the specific service and date range.
Understanding What Coinsurance Is

Understanding What Coinsurance Is

What Coinsurance Is?

Coinsurance defined is a percentage of the bill, that you in or the insurance company is left with paying. It is not a dollar amount here's, what I mean by that, we're again

I'm gonna go back to Medicare Part B, as an example Medicare Part B for the most part is an 80/20 program and what that means is that? The government portion of Medicare , Medicare Part B is going to pay 80% of the bill that comes to them, to the doctor or hospital on your behalf. The other 20% is your coinsurance and what that means is the people paying eighty percent don't care who's going to pay the other 20% they just know that whatever that bill is they're going to leave you with that amount.

Now, why that's important and kind of the reason things like Medicare supplements exist is, because all they do is say 80/20. What is it 20% of now if all you do is go to a doctor, a couple of times a year 20% is nothing 20% maybe yeah, maybe not, maybe not even $20 the bill leftover.

Maybe about you know seven or eight dollars left over and if you have a Medicare supplement the supplement is typically going to pay that remaining 20% for you. Although if you don't have a supplement, you've got it. So you've got a seven dollar bill, even though you've been paying hundreds each year on your Medicare supplement but that 20% could also be 20% of $100,000.

So all of a sudden instead of you having a bill for seven dollars. You could have a bill for $20,000. That's what coinsurance is? It can be the littlest charge in the world, until such time,  it is a retirement breaker. It can kill a retirement easily and it's set up that way. It's a form of cost-sharing it rather, because when a bill goes to an insurance company or in the case of Medicare bill goes to the government.

The engine, the government is not going to know overall what they're going to be able to calculate in their costs. So for example they know okay you're going to need a cat-scan, it's $5,000 and I don't know you see a doctor afterwards and office visits going to be $100. Well, they can easily predict or they can predict. Okay for $100 you'd have to pay maybe five dollars left over and for the but for you know. You know a twenty thousand dollar bill, you're gonna have to pay one thousand but they don't know if it's going to be twenty thousand.

Here with provider A that gives that cat scan or it's going to be twenty five thousand, here with provider B they don't know that, so rather than them just kind of settle it setting everything up to where there's kind of a flat amount. Because don't forget it's the people providing you medical services that could significantly be hurt by that, because if they have to cut down their costs.

Well, you know there there's doctor. The doctor needs to get paid. The doctor's office attendants need to get paid, the nurse needs to get paid, the people that are going to set you up and prep you need to get paid. There's a lot of human cost associated with medical care and the insurance companies and the government try to stay out of that. 

To an extent, that they know they really don't want to kind of mess with people's income or they want to mess with people's income. As little as possible on that, so rather than kind of get everybody into a controlled cost, which may be fine for some but a significant reduction for others. They just say Okay we are going to say 20 percent left over, whatever 20 percent of the bill is you're gonna send that to somebody that's not us, we're gonna pay 80 percent it's gonna be a fluctuation.

We know we'll deal with that, but we're gonna be paying 80 percent of it. So that's what coinsurance is.
What a Insurance Deductible Is and How It's Work?

What a Insurance Deductible Is and How It's Work?

These actually do have different definitions different descriptions for different kinds of insurance. So we're gonna start off with deductible and how it relates to Medicare.

What a deductible is?

It is a set amount of money that the insurance company is not going to pay. You are going to have to pay it first after it's met, then the insurance steps in now there are. There are some caveats to what is - what's count what comes in under that deductible and all that, this is as it relates.

For right now, I'm gonna speak about how it relates to Medicare Part B the other thing about the deductible. Is a deductible tends to change based on come up again based on when a person? What type of Medicare persons actually talking about?

Deductibles can be in a current based thing, it can be an annual based thing or you know there could be some other criteria for when a deductible comes up. But if we use Medicare Part B as an example which is the medical side of Medicare the deductible in 2017 is the first 183 dollars once a year, so what that means to you is the first $183 of the services that you use in the year 2017 Medicare is not going to pay it.

They're going to pass that charge on, if there's a secondary insurance in place like a supplement and the secondary says they'll pay the deductible, then they'll pay it. If they say that they won't pay the deductible then it, eventually gets passed down to you and you have to pay that first hundred eighty three dollars that's the Medicare Part B deductible.

Now there are some things again we're. I'm recording this in February 2017 these things have a habit of changing plus the what's waived on the deductible changed a lot with the Affordable Care Act, but there are things that do not come under that deductible many per, but not all many preventive services Medicare will actually pay starting at dollar one so there are.

There is no deductible for say mammograms pap smears flu shots for men. PSA screenings things like that, if it happens within a certain time frame and your doctor is coding it as preventive the deductible, actually doesn't apply. So what you need to know is that the majority of services a deductible is a set dollar amount where basically the burden of paying.

It is on you until that deductible is met, we're gonna get to why in just a moment. Now Medicare Part B ease deductible as annual Medicare. Part A deductible is significantly higher and it is on a per occurrence basis after a certain amount of time is exceeded.

Medicare Part A is deductible says that the first. It's about thirteen hundred and some change and you know we can leave it that way. That's what it is in 2017 that says they say that they're not gonna pay that first thirteen hundred plus dollars in a hospital. Each time you go into a hospital if you leave in sixty days elapse and then you go back in it could be charged again, so if things were timed at just the wrong way you could have conceivably six of the same deductibles in one year.

Now Medicare supplement people typically don't have to worry about that, because almost every Medicare supplement pays either all or the majority of that deductible. But it is there a person that just has Medicare there is that deductible, so that's an example of a higher deductible that actually can happen more often than once a year so the Medicare Part A deductible is a little bit more serious and we're a little bit more concerned about making sure that that's covered.

Now, I'm gonna skip ahead on the others to answer the question, why does that? why do these deductibles exist? Well the deductible exists for a couple of reasons number one deductibles, are there to keep a person from using services when it's not incredibly needed?  Now keep in mind this is not the insurance company B T being a bunch of greedy.

You know what's this is actually the government's deductible and the government saying they need to put something there to make sure there is a little bit of cost. So a person is going to actually say okay do I need to use Medicare or is it something I can just put a bandaid on my finger and don't think that I'm making light about that because that is actually legit.

That is a legitimate problem, that was solved through the use of deductible because it has happen in the past. So Medicare does have that basically, they're saying they want you to have some skin in the game the other reason that. A deductible exists is for the insurance side and the majority of our clients, they've got a Medicare supplement where the Medicare supplement itself does not pay the Part B deductible. It does pay that more expensive and more frequent Part A deductible but we're generally going to recommend a person consider a Medicare supplement.

That does not have that does not pay the Part B deductible reason, why a Part B deductible like? I said in 2017 is $183 the difference between a Medicare supplement that pays the deductible and a Medicare supplement that does not pay that deductible. It's typically about a hundred eighty three dollars, maybe a little bit more and if and this is just human nature.

This is not a commentary if you ask a person, would they rather pay a lower premium and pay a little bit of something to their doctor if they have to. Which is what you do with the deductible you pay that money to the doctor or the hospital, because the insurance company is not going to do. It so someone's going to, it's going to be you.

If they have a choice of paying that deductible to the insurance company or excuse me to the doctor or paying a higher premium to the insurance company, so they'll take care of the deductible for you by and large the greatest number of people that are given. That choice would rather pay less money to the insurance company and pay a little bit money to the doctor.

That is human nature, that is the state of insurance, that is perfectly fine we're gonna work with that, so we'll generally tell a person consider taking a plan that does not include the payment of the Medicare Part B. Deductible keep your insurance premium down a little bit, so that's what a deductible is and why it's there. It's the key, it's there to basically say.

Keep in mind the fact that you do have someone else that's going to be paying the bill. Do you really need to use it? If you need to use it, that's fine. You're gonna have to pay these first few dollars but the other thing it's to keep duct Abele's are there to keep premium down. It's like your auto insurance. You decrease your auto insurance. Increase your auto insurance is deductible same thing with health insurance the second part to that question.

It's all about What Deductible Is and How it's work. I have known.
What Deductible Should You Choose For Auto Insurance?

What Deductible Should You Choose For Auto Insurance?

Today I'm gonna make an article about auto insurance deductibles and give you some helpful tips that may help you when it's time to pay your bill every month and also help you more importantly probably when it's time to file the claim and pay those deductibles.

So, for most car insurance policies depending upon. What coverage you select on your vehicle you're going to have anywhere between one and three different deductibles. Of course, when it comes to deductibles one thing, that some people might or might not understand is that the higher deductible you choose on your policy.

The lower your premiums will be the reason being is if you carry a higher deductible. You're basically taking on more of the risk in the event of a claim, so because you're taking on more the risk by carrying a higher deductible, the insurance companies offer you a discounted rate. So the first type of deductible that you may carry would be your uninsured motorist coverage deductible.

This is optional coverage, it covers you and protects you in the event that you're hit by somebody who doesn't have insurance or a hit-and-run situation or possibly they hit you they're at fault but they don't have enough coverage to pay out for your damages.

The minimum deductible in Georgia for uninsured motorist is two hundred and fifty dollars. We don't suggest going over to fifty, you may have an option from say five hundred or maybe a thousand dollar deductible but by going over to fifty, because uninsured motorist is one of your lesser or least expensive coverages on your policy.

You're not gonna be saving any money significant amount of money, so stick with the to pick a deductible will be my professional advice. The second type of the doctor believe may have maybe with your comprehensive coverage.

Comprehensive covers things like fire theft vandalism if you hit an animal or deer, falling trees tree limbs and of course cracked windshields and broken glass your comprehensive coverage. If you look at your declarations page, which shows a breakdown if your coverages and what you pay per coverage, it's probably gonna be one of your least expensive coverages. So by carrying a higher deductible you're not really gonna be saving that much money you got to pay more on a pocket if you have a claim.

Usually for a comprehensive deductible, I suggest not to go over 250 keep it at 250 maybe 100 in some cases. If the price is not too much, you may even want to carry a zero deductible. If your car insurance company offers that type of deductible and then the third and final deductible will be your collision deductible.

Collision coverage is the coverage as used a lot when it comes to claims so because of the frequency of using that particular coverage it's one of your most, if not the most expensive coverage in your policy so by carrying a higher deductible here is where you're going to see your savings in most cases so we suggest for most people to carry deductr will say $500 you can carry less than that maybe 250 or 100 but we would not go over 500 and a lot of times. If your vehicle is financed you won't be able to go over $500 for that deductible.

Anyway so discuss your deductible options with your insurance agent. This is about What Deductible Should You Choose For Auto Insurance?
Understanding Your Home Insurance Deductible

Understanding Your Home Insurance Deductible

In this article, we want to discuss home insurance deductibles. Of course, many of you probably already know the higher the home insurance deductible that you have.  The lower the cost is going to be pretty self-explanatory for most, but a couple that i really want to dive into are your wind and hail deductible, and your earthquake deductible.

How does insurance deductible work?

So, we'll start off with your wind and hail deductible, so here the Midwest most of our claims are going to come from wind or hail. A great majority of them, there are a lot of policies out there. 

Nowadays that have a different deductible. If damage is done to your home by wind or hail, is it does the flat deductible. So, if you were to have a fire, if there was a theft claim any of that, a lot of people have a thousand-dollar deductible pretty standard. Give or take there's some five hundred dollar ones out there and some 1500 in so on, but a lot of insurance policies nowadays will have a thousand-dollar flat deductible except for wind and hail.

The wind and the hail will say one percent on your policy, if you see that on your policy what that means is it's one percent of the cost of your home to replace. So let's say on your insurance policy it says $300,000 is what they're covering your home for well, if you have a loss from winter hail.

Your deductible is going to be three thousand dollars, not a thousand. It's kind of a sneaky way for a lot of carriers out there to put in there. Because they know that the wind and hail deductible is used most often, so really make sure that you're aware of that some even, some carriers.

Recently they'll send out a letter at renewal briefly explaining it. A lot of people will see that letter and think it's just junk and throw it away, not even realize it, then they have a claim and then they figure out that. It's a three-thousand-dollar deductible, so make sure to check your policy on renewal or with your agent to.

To make sure that you've got flat adoptable the other one, I want to discuss briefly is earthquake some of you may have earthquake coverage, some of you may not it's an option additional option that you can put onto your home insurance policy.

A lot of times we'll see nowadays is about a fifteen percent deductible that works the same way as that wind hail. So it's fifteen percent of what the insurance company is covering your home for, so if we take the same example $300,000 home if you were to have damage to your home. As a result of an earthquake your deductible would be forty five thousand dollars.

That is a surprise to a lot of people they'll see a thousand-dollar flat deductible on their policy, however earthquake is treated at fifteen percent. So some of you may be asking well why would I buy a coverage that has a forty five thousand dollar deductible.

Well, people purchased that is just from a complete loss standpoint, It's something to cover them, if an earthquake came in and really cracked the foundation and made the home unlivable, so that the whole home had to be built over again. So that 45,000 wouldn't be too bad if you got to replace a three up three hundred thousand dollar home.

So just watch your deductibles make sure that you're checking at your renewal with your agent and your understanding those different per cents and how they do not pertain to your overall flat deductible.
Insurance and Adaptation for Farmer Driven Opportunities

Insurance and Adaptation for Farmer Driven Opportunities

For a lot of the farmers we work with, climate change means basically more bad years. So for those farmers, adaptation really means taking advantage of your remaining normal years.

Farmers do have opportunities to increase their productivity in the normal years, the problem is that most of these opportunities leave them vulnerable to drought years, more vulnerable than they would have been before. For example, if they take out a loan to improve the quality of their seeds, if there's a drought, they can't repay that loan, and they may lose the farm.

We've been doing a lot of work with farmers to try and find ways to reduce that risk so that it's safe for them to take these productive opportunities. These include changing the cropping patterns that they use, working together with their community, having savings, and taking advantage of a new kind of insurance that helps protect them from drought.

The farmers are the only ones that know if they're reducing their risk enough to be able to take these productive chances. So the real challenge in solving these problems, is figuring out a way to very effectively and efficiently work with large numbers of farmers and have them formerly lead the process to design their own insurance products.

Over the last few years we've done a lot of exciting work, working with farmers all around the world on these kinds of problems. In Ethiopia for example, farmers lead the design of the index insurance product And this was one of the reasons why the project was able to scale from just a few hundred farmers to nearly 25,000 farmers in just a few years. And from a recent impact evaluation, we found that insured farmers had more oxen or more savings or more grain reserves than uninsured farmers.

In the Dominican Republic, we work with 354 dairy farmers in a test run to ensure that the commercial index insurance product is built based on farmers preferences. Farmers we interviewed in Burkina Faso helped us to understand how years they considered bad related to existing climate information we have for the region.

And in Senegal we learned from farmers that they don't show a preference between data from satellites and data from rain gauges in designing the index insurance product. And in Indonesia we've been working with farmers to help include things like forecasts and El Nino.

By working with farmers in all these different places, we're helping the farmers bring their ideas from each of these places to farmers all over the world. And that's really the key to making these projects go from a couple hundred of farmers to the hundreds of thousands of farmers in many places that we're at now.
How to save your Holiday with Travel Insurance

How to save your Holiday with Travel Insurance

There’s a lot to remember when you go on holidays. I have checked the weather, I've got extra medication, extra muesli bars, even stuffed animals, but what if something goes wrong? Illness, flights cancelled, lost luggage, natural disasters Travel insurance can be easy to overlook but for any of us that have experienced something unplanned on a holiday, we know it’s a good idea.

At the end of this quick video, you’ll have everything you need to get started on deciding how and when to get your next holiday insured. If there’s anything that helps you relax away from home, it’s peace of mind. 

Travel insurance covers you when something goes wrong when you’re travelling, That could be in Australia or overseas. And with most types of insurance there are varying levels of cover from basic to comprehensive. On the basic end, you’ll usually find cover for things like overseas medical expenses when you’re travelling internationally, but not much else.

With more comprehensive options you can get cover for things like cancellation (like when flights are cancelled to and from Bali because of ash clouds), cover in case someone needs to travel to bewith you if you end up in hospital, cover in case your luggage is lost or stolen or extra cover in case your trip is disrupted and you need to make it in time for a wedding or funeral. 

Remember that not all comprehensive policies are the same so make sure you’re picking the benefits that are important to you. Sadly, not even the crème de la crème of travel insurance policies cover everything. For example, if you’re drunk, you don’t keep an eye on your belongings, or you don’t disclose your pre-existing condition you're not going to be covered.  For a list of things that are NOT covered, check the link in the description below However, don’t let the idea of saving a few bucks make you skimp on your policy either, because you'll end up loads more out of pocket if something happens before you start shopping around, think about all the details of your trip.

This includes where you’re going, whether you’ll be renting a car, what activities you’ll be doing, how much your luggage is worth, and how much your trip cost you in case you need to recoup the costs. This will help you pick a policy that gives you the cover you need Buy early. Getting your travel insurance early means you get more insurance for your money, including cover for cancellations before you leave.

For instance people who bought travel insurance before the Bali volcano erupted would have been covered; but the people who bought it afterwards would not have. But remember that cancellation only covers you for reasons outside your control not just because you change your mind and don’t want to go anymore. Be upfront from the get-go and disclose all pre-existing conditions when you apply. If you don’t, your claim could be refused or your policy could be cancelled.

If in doubt, disclose it anyway, because a lot of conditions like asthma are generally automatically covered for no extra cost. Just remember if you’re pregnant, that’s a pre-existing condition too. Buy online. If your travel agent offers you travel insurance, make sure you compare with other offers online, because it’s generally a lot cheaper. Shop around. Compare lots of policies to find the one that offers the cover you need for the best price. If you're travelling with your family, one travel insurance policy can cover all of you and for a lot less than getting individual policies.

Often insurers will cover children or grandchildren under the age of 21 for free, as long as they’re not working full time and are named on the policy It can vary between the age of 17 to 25 so make sure you check first Besides price, it can be convenient to have the whole family on one policy.

You’ll spend less time on insurance, you'll understand your benefits easier and you'll have a central contact point if you do end up having to make a claim. No matter where you’re going, for how long, and who you’re with, it’s important to make sure you’re covered. A bit of extra cash to cover the many risks of travel can make sure you get the most of your trip. 

As the Australian Government says, if you can’t afford travel insurance, you can’t afford to travel.
Best Reason to Take Out Travel Insurance

Best Reason to Take Out Travel Insurance

Today we're gonna talk about travel insurance and the benefits of using it and why should you have travel insurance on your travel needs.

If you're anything like me, I want to be protected something go wron,  I want to be prepared for Plan B. So let's say you booked a vacation and you want to make sure that everything is on point. You don't want to have believe it not the worst can happen and you want to be protected, so this is the reason why I recommend having travel insurance.

Now most people don't go into and don't really get it but it's very very important when it comes to your money. So say for example, that you got your vacation paid for you got it pay for it and it's how if you're going a trip and something dramatic happens whether it be the destination that you're going to have a hurricane or you get ill with family issues and you can't make your reservation.

However the right type of travel protection you can get a refund of your money back, so if you pay to trip and fall or deposit whatever, the case may be you can get your money back.

Best Reason to Take Out Travel Insurance 

Okay now if you don't have insurance guess what you lose your money. Okay so you want to make sure you're not only protecting your whole trip as a being but you want to protect your money because the right type of travel protection can protect your money, you get a full refund of your money back the travel protection fee. 

So for example, if you pay let's say you got a vacation book and you pay a total of 160 dollars to cover your entire trip and your trip costs $1,000 and worst case scenario, would be if something happens and you can't make your vacation whether it be something on the vacation in or you're in dealing with family issues all etc and you can't make it.

You can get a full refund of your $1,000 - 160. That's the only thing you have to pay your the 160s. It's gonna let's go take care of the insurance but the reminder that go to a Jew, so you get most of your full refund back versus not having it okay and you lose everything.

So keep that in mind guys you want to make sure you have travel insurance to ensure that you get your full deposit or your full vacation amount back. Now if you try to book on your own most websites that you book through doing it yourself, don't offer that type of level of insurance. They may offer a little insurance but it don't offer the all-in-one protection, where you can get your full refund back, so make sure you look into.

So that's why I recommend going through a travel agent. A travel agent will not only make sure that your vacation is taken care of but your money. I hope this makes sense. 
Why You Should Get Life Insurance Before Checkup

Why You Should Get Life Insurance Before Checkup

I am going to talk a little bit about life insurance and a little bit about health insurance. Now first things, first the type of life insurance that I'm talking about today is going to be called simplified issue life insurance, meaning that they don't do the blood, they don't do the medical exam or anything like that. But they do a medical background check from the medical information bureau, that is a company that has records on what has happened in your medical past.

So they
will do a background for the medical information bureau to see, if you qualify for even getting life insurance because contrary to a lot of people's beliefs they think that just because you have a couple of dollars that you can get life insurance.


Life insurance is a privilege. Life insurance is a purpose you are privileged to get life insurance. All right this has nothing to do with your money although your money is one of the qualifications. The major qualification is do you qualify based on your health because I say it in all of my article and time again insurance is the business of risk.

They're in business because of the risk factor. So if you are a high-risk and you're a person that has all kind of caught up all kind of sicknesses and diseases and medications that you take you are high risk , so you will either be a decline in which a lot of insurance companies decline individuals because they have issues with their health or B, they may Rach you or C , they may race you and exclude that condition.

So let's just say you come to me and you want a life insurance policy, I'm gonna give you some life insurance policy but I looked on your medical insurance. I'm sorry the Medical Information Bureau and I found out that you had a stroke a year prior, alright so what I'm gonna do is? I'm gonna give you insurance but if you have a stroke and you die, I'm not paying for that that's really what the insurance company is saying.

I'm not paying for that. That's what this collusion is the exclusion is just saying I'm not paying for that but if you were to die from a heart attack instead of a stroke or an accident or some dumbass out, there was to shoot you. You know we're gonna pay full of face amount you know but if you was to die from another stroke, then you know we're give your family.

You know the premiums that you have paid within the life insurance policy. The premiums is nothing more that the money that you have spent to get the life insurance policy. So, let's just say you had the life insurance policy for a year and you was paying a hundred hours a month. Your family will only get $1,200 because you died from a stroke from a previous condition.

All right, so one of the things about simplified issue again they do a medical information background check. You know medical and medical information Bureau is what it's called, but they do a background check. This is for individuals that are out there that need life insurance especially.

If you haven't been to the doctor in a long time, okay because if you get something that's fully underwritten that means somebody's gonna come out they're gonna probably get saliva, they're gonna get blood and your blood can say this guy is about to pop a blood vessel and die right here and the insurance company is going to be like no they're going to decline your ass and once they decline your eyes.

It will be on the medical information bureaus database and you will never be able to get life insurance anywhere. Ever again that's just it, it's a wrap because of something that has happened to you or you may have to wait five years or ten years depending on the company that you have cuz.

Every company has different types of stipulations. Some companies might say hey it's a five year look-back, it's a ten year look-back some companies, might just say no we're not doing anything with this individual at all. So it's best to give with a broker when you're picking life insurance but if nothing like that has happened to you and you haven't been to the doctor in a long time.

I will strongly suggest to get you some simplified issue life insurance, it's not gonna be a lot it may be under 400,000 depending on the type of planet you get. So if you do go to the doctor and the doctor does a physical on you and the doctor says hey we found a tumor.

Right here we might need to do
some surgery at least you got some life insurance to back us up. You know after they taking your premium, you had it for at least a month or so, but after they take the money then you know that's what insurance is for, insurance company guarantees to pay out in case something was to happen to you.

That's what that paper is for. So, how are you so life insurance in place? Because again, if you go to the doctor in the doctor find something, you might not be able to get it. So if you are looking for someone to help you navigate through this chaotic whirlwind of information, it's out here when it comes to health insurance or life insurance.
Beware Discount Home Insurance Plan !

Beware Discount Home Insurance Plan !

So you think you're getting a discount on your homeowners insurance. But tonight a Bay Area insurance expert is warning buyer beware a number of companies are offering that discount, but as 10 News reporter beau Zimmer explains only if the homeowner agrees to use the insurance companies restoration service after damage and that could leave you at a disadvantage.

This is where we wanted to be here in Palm Harbor, but when Jason delft and his family purchased their new dream home, they were in for a rude surprise within a week of moving in major plumbing problems left water seeping into their home damage right and through there with a carpet.

Of course was soaked the dose immediately called their insurance company Deerfield Beach based people's trust the company sent out their rapid response team to assess the damage and begin repairs, but when a dispute arose over what needed to be fixed the work suddenly stopped.

If you challenge the work that's going to be done everything stops ami bogs is an insurance policy holder attorney representing the delves and a number of other clients also dealing with people's trust. She says part of the problem is a special clause in the people's trust policy requiring the work be done by a restoration company owned by people's.

Trust those of us, who practice in this area are like there's isn't there some ethical problem here Bogg says her clients are left wondering. If the restoration company is doing the work needed to fix the issues properly they're going to do it.

Frankly in a manner that's going to be the least expensive for the insurance company and when you buy insurance you're buying insurance for you to protect you, when the insurance company holds all of the cards as they do in the preferred contractor endorsement, the insured is always going to lose like I certainly understand why some lawyers aren't happy about the way we do.

Things because we don't pay lawyers we need to fix the home we don't write checks people's trust insurers around 130,000 homeowners across Florida. Thousands of our customers are very happy with that that's why they buy the policy, so they don't have to worry about paying somebody in but the delft family warns buyer beware my advice read every single word of that contract.

And you know read it twice, make sure that you understand it because you know I'm in a bad situation here in Palm Harbor because Emer 10 News representatives from people's trust couldn't comment on the Dell specific case but say they are committed to making full repairs on all legitimate claims.