Category: Insurance
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How Much Obamacare Premiums Are Going Up in All 50 States?
The premium for 2017 Obamacare plans, purchased on federal HealthCare.gov, will rise by an average of 25%. That is roughly triple the percentage increase seen from 2015 and 2016 plans. The price hike come after big insurers reported substantial losses on their healthcare business. The Affordable Care Act(ACA) required that insurance companies not to deny…
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Insurers Going Digital: The Future of Insurance
Indeed, the internet and the evolving digital technologies has disrupted various industries including insurance’s traditional business model. Digital insurers must improve traditional insurance by using the online model on product design and services. The basic digitization of active insurance processes that allow quotes to go directly on processing could boost operating profit margins. Here are…
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What You Need to Know about Health Insurance
Although insurance frauds are usually associated with policyholders who swindle insurance companies with false claims, the fraudulent activities may also come from the insurance companies themselves. Some of the unethical health insurance practices committed by insurers are; denying of legitimate insurance claims, refusal to give coverage to people with specific medical conditions, underpaying claims on…
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The Most Expensive Insurance Claims of all Time
Natural disasters on a massive scale is often the major trigger of expensive insurance claims, including a wide range of trigger from terrorist attack to financial crisis. Here are the world’s largest insurance pay outs in history. Insurance is an important expense that we might hate paying for, but when our house or car suffer…
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Pet Insurance: 2016 Statistics
With veterinary fees increasing dramatically, more and more pet owners are thinking about getting a pet insurance. The growing medical expense is caused by the production of new medicines and medical equipment that have cured many sick pets—with illnesses that have proved deadly before. This infographic outline some interesting statistics and explain why you need…
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Hustler’s Guide to Lenders Mortgage Insurance
Lenders Mortgage Insurance or LMI allow home buyers to have the opportunity to own their house sooner with a little deposit. With LMI added, loan providers are more inclined to approve your home loan as high as 95% of the purchase price, confident that they’ll be able to recover their pay out if the borrower…
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7 Types of Car Insurance You Should Consider
Confused about the different types of car insurance policies and their coverage? You might find it hard to decide which type of auto insurance is the most beneficial option for you, your budget and your vehicle. To make things quick and simple to learn, this graphic made a concise differentiation. Specifications Infographic Design Visual Article…
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Health Insurance: A Visual Glossary
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