The D of Insurance

What should I also pay the premium for my insurance cover me in an accident?

 Hi everybody, I hope my past articles in the ABC of insurance have found useful and enjoy it. The insurance issue is very important, so I would like to explain more about these concepts, so that little by little awareness of their advantages and benefits.

As reviewed earlier, the insurance contract must pay a premium, amount of money in exchange for our insurance cover us to the risk of an accident (whether accident, shock, illness, etc.). However, the premium will not be the only amount we pay.

In addition to paying the premium, there are a couple of amounts we cover, which will be paid only in case of an accident, they commonly apply to car insurance and medical expenses, but depends on the insurance you have hired.

First, we have a coinsurance , a percentage that you will pay in the event of an accident. This feature is used to cover a small part of total expenditure and depends on some variables.

On the other hand, there is a deductible , fixed amount payable maximum in case of an accident. The higher the deductible, the cost of your premium will be lower.

The difference between a deductible and coinsurance, the deductible is that the amount payable will be fixed for each claim, while the coinsurance may vary according to circumstances.

These amounts are charged by the insurance company to ensure that your premiums are cheaper, so you will receive a lower cost and insurance will cover these amounts only in case of an accident.

I hope this information is to your utility and the next time you need to use your insurance you are prepared.

Personal Accident Insurance

If Personal Accident, get advice on how your insurance

I want to talk about an issue that is not as complicated as people think: the Personal Accident insurance. You just have to be informed, because you never know when they may occur and should always be prevented.

Accidents happen all the time and often can endanger our health and our economy. A Personal Accident Insurance keeps you calm and helps prevent concretely the economic impact that an accident may cause.

There are different types of insurance costs to prevent accidents and these vary in the people they protect and the scope they offer. For example, you can hire a Personal Accident Insurance Individual or a Family. In addition, we purchase insurance protection you provide on our trips, whether for pleasure or work.

Medical fees and hospital charges are often high, and sometimes they can strongly affect our economy after an accident that requires attention.

In case of any accident which requires medical attention and / or hospitalization, your insurance can work in two ways:

The first is with your insurance card, which you can present to arrive at the hospital and ensures a rapid entry to receive medical attention, which in many cases the costs will be covered by insurance; only have to pay (if necessary a) a deductible or coinsurance.

The second option will be to cover your own expenses, then the company will refund the invoice and presenting them in accordance with the provisions of your policy.

A personal accident insurance, as well as protection and financial support can ensure that deserve attention in difficult times and simplify your problems. Well the saying goes, better safe than sorry.

Home Insurance in These Times

In this paper I would like platicarles a little bit about the importance of securing your home, for without doubt one of the major assets to protect, where you care and you live with your family and loved ones, and very important also because it is one of your main assets .

There are various risks to which it exposes your home from natural disasters to accidents caused by others and that is why protecting it is a big decision.

Home insurance can offer protection against all types of damage, either by floods, fires, landslides, etc.. On the other hand, some home insurance policies also protect your possessions whether by theft or damage, there are many options to choose from.

It is important to note that home insurance, such as Insurance Home Well, are developed in such a way that not only are home insurance, but to function as full protection for your family, protecting the damage that you or someone can generate a third family. For example, when your child breaks a glass playing football or when heavy rains pull the wall of your house and you cause any damage to the house of your neighbor. 

Protect your home is to protect your family and give them peace of mind to live a carefree life. 

Remember that insurance is no longer a luxury and have become a necessity for all, that is why I recommend you take your precautions and concentrate solely on caring for your family.

Medical Expenses in Mexico are high and have Insurance

The hospital medical expenses in Mexico are high and have insurance can make a difference.

S Hi everybody, this time I am very interested to explain what a health insurance because it is very important to have one.

Medical Expense Insurance is designed with the goal of hiring the person who has a financial support to cover hospital costs, physician fees, medications, rehabilitation, and others, arising from an illness or accident. A health insurance can offer several coverage options and that is why I recommend always well informed, with a Professional Insurance Agent, on which package best fits your coverage needs and budget.

Another important point is that insurance companies have alliances with hospitals and doctors, which is why you also sure you can make savings or better service when you need them. So it will be easier, faster and not have to pay a significant amount of money.

Another benefit offered by partnerships is that the medical network, where the best doctors in Mexico publish their contact details and also offer a preferential price for insured consultations.

For health insurance there are different assists that offer increasing coverage and make sure your most complete, double check all your insurance gives you and consider all the benefits you can get.

So go ahead and do not miss the chance to secure, disease and accidents come without warning.

The health insurance not only take care of your health, it also protects your assets and your family.

How to choose the best product to insure car

Hello, welcome back to my Blog Insurance. This time, I want to explain a bit about car insurance, once you know more about the scope and uses you can get to give car insurance, I can assure you will be much more interested in buying one.

Buying a car gives you great satisfaction, not just for the sake of having it, but also by the utility it represents. However, buying a car also means big responsibilities, among these is the insurance.

There are different types of insurance for your car, which offer different benefits and coverage to suit your needs. That is why I will explain what is the best product to secure your car and how to choose it.
Mainly we should concentrate on how you use it to your car and this will depend protection you require.

We must first know what the major coverages and exclusions of the insurance packages for car. If you do not know who are these two concepts reviewed in Part II of aBc insurance.

There are 3 main packages :

-As a first option we can see the liability coverage to third parties . This will cover all expenses related to the damage you cause to another person, both physically and in their possessions.

-Then we can find the limited coverage , which also cover the damage you can cause to a third party, covers the total theft of your vehicle.

-Finally we can find the comprehensive coverage , which also include the above features, it offers protection for your car damage and extra services like roadside assistance, etc..

There is no better or worse insurance, there is simply the one that best fits your needs both price and protection.

If you consider yourself a good driver and have no accidents commonly, you can choose to be protected against damage to third parties, so that an eventuality not stay unprotected. It will also be the cheapest option and its cost / benefit is completely in balance. Although sometimes accidents happen in the places and people least expected. Better safe than sorry.

On the other hand, you can hire a wide coverage in which also give you minimum coverage against damage to third parties, gives a very coverage which protects both your car as you and your companions, and so if something happens to your car will only have to pay a deductible. This will be a very low percentage that does not exceed the value of the cost of the accident.

So we remind you that the best insurance is the one that suits both your budget and your requirements, and will be paying for what you need and consider appropriate.

Remember insurance is a luxury not a necessity, but each has different needs and MAPFRE know, so we offer a choice of products, some that will meet your needs and budget.

Insurance for Everyone

Standardized Basic insurance

Hello again, in this post from my blog I want participles a very important project for the insurance industry in Mexico, the Standardized Basic Insurance.

As we talked in previous publications, insurance is very important because they are the best financial tool with which we have to prevent or compensate for unexpected expenses of situations we are exposed every day and that can jeopardize our welfare and economy.

Usually people think that insurance is expensive, however, tell you that have created products that  we have access, these are the Standardized Basic Insurance.

I tell you more about them ...

Standardized Basic Insurance born at the initiative of the Federal Government, they are intended to insure people against the most common risks (those that occur more often). This identified need the government to see that almost no one has insurance in Mexico and especially because it is extremely important that everyone is protected.

The risks considered most common are:

Auto Liability
Personal Accident
Medical Expenses
Life


As its name implies, the Standardized Basic Insurance offer the "basic" that can help us avoid financial expense out of our financial planning.

Do not miss the opportunity to prevent and care for what you love, remember that it is better safe than sorry.

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ABC of insurance Part III

In Part I and II of ABC insurance, talk about the risks that the company claims and some examples of what they cover. Now in this third section we'll talk about the risks that insurers consider to create insurance.

According to insurers, What is risk?

- An event or potential event depending on chance.
- This is the protective covering property or persons shall take insurance.
- The good or person to be insured.

The risks can be insured are divided into:
- Risks that affect people.
- Risks affecting the property.
- Risks that affect others.
- Risks consequential.

COVERAGE , this term refers to the commitment to protect an insurance company agrees to various risks, which will bear the economic consequences to some extent, the above previously described in the policy that is engaged, either car, medical expenses , life, home, etc..

EXCLUSIONS are risks, real or circumstances specified in the contract and are not part of the insurance. Exclusions are those risks that arise, the insurer will not pay for damage they cause. They should also be inspected carefully when hiring insurance.

It is important that when you buy a policy you are aware and know what your coverages and exclusions, these two terms are key to making good use of your insurance.

After reviewing the information, we recommend that you read the general conditions in this document are the coverages and exclusions, so if you have an accident you know if these protected. Remember that being informed will help you make good use of your insurance.

I hope this information has been helpful, remember to keep in touch with me. Every week I'll be posting information to help you be more secure.