Need for Building Insurance

Residential insurance many people are still underrated. In fact, external risks such as natural disasters due to heavy rains that often accompanied by flash floods, landslides, and the recent tornado threatens endless building our house.

Problems buying a home in our communities so far are still at issue. On the one hand, seeing the condition of the present economic crisis hit, declining purchasing power house, on the other hand house prices continue to soar even higher.

Unfortunately, the community focus for this still pegged to the purchase, has not been fully maintained. Because generally, after the ideals of buying a home is reached, the next stage which is not less important precisely overlooked, namely to maintain or defend it by using insurance on the residence.

Customer Benefits Become Home Insurance

Do not wait for disasters to come. Because of the house, Like other precious objects such as motorcycles or cars, the absolute need of protection. Not merely provide physical protection of course, but also in non-physical or financial form of insurance.

-Customer to obtain financial compensation if the subject matter insured directly result from exposure to the risks listed in the summary of the insurance policy

-Customers who are forced to obtain the insured's costs incurred after the disaster, such as:

• Cost of cleaning the rubble of damaged buildings
• The cost of architects, building contractors or surveyors to renovate or rebuild homes after the accident the insured and also all things Environmental Hygiene at home

-Customers acquiring excellent after sales service without having to wait for catastrophe, such as:

• Information on current inflation forecasts for the value of the insurance policy renewal notices for building and contents insured insured residential buildings with adequate and fair value
• Free checking the condition of the building from termite and pest attack house
• A variety of the latest info from the insurance company
• Automatic membership

Presumably, the house insurance is no longer just the umpteenth number after you have a home. Houses and insurance are the two currencies can not be replaced. The sooner we have insurance, the sooner we secure the hard work for this to have a home.

Differences Education Savings and Insurance Education

Education savings accounts are generally sold by the bank, with backup by life insurance companies. So we can come to the banks who sold these educational savings, and we determine how much our target and how long the target would be achieved. Then the banks will determine how much monthly payment should be done with include the interest rate should be used during the contract period.

Generally, education savings is equipped with life insurance or other insurance. So when parents who experienced severe to deposit every month, such as dies, then the life insurance will replace him as the depositor. So the target of education fund established by parents who can still be enjoyed by children.

But Education Insurance generally purchased through an insurance company who offered by the agent. The customer will determine how much money after seeing the benefits of insurance coverage that will be paid. And insurance companies determine how much premiums that must be paid in a lump sum or on a regular basis, can be annual, could be six months, three months and even several months.

Insurance benefits which are generally offered a certain percentage of the sum insured and paid when the child would go to elementary, junior high school or college. And the benefits will still be paid even if the premium payer's parents as the unfortunate, for example, died.

Both education and insurance savings education both can be used as an alternative to prepare for our baby education fund. Education savings just to prepare at one point, for example, to enter elementary school, or junior high school.

If you want to complete such education insurance, then we have to buy 4 products of this education savings, with funds target and the achievement of different. But precisely here lies the flexibility of an education savings. Currently the interest rate of savings education refers to the deposit or slightly above the deposit which he sold, while the interest rate is more conservative education insurance.

There is one option which is recommended to break with insurance benefits and fertilizing the funds. Suppose we buy term life insurance with sum assured as targeted education funding and achievement of specified time. Then on a regular basis, you deposit a certain fund to invest one's way, for example, into mutual funds.

We also can choose an investment instrument which has a high rate of return and higher risk of course. So with this method, you can obtain a high sum of insurance and investment returns which optimal. The key is just one discipline.

The importance of insurance education

Functions, education insurance is for protection. Owners insurance is the father or mother who became the main breadwinner. Owners are required to pay insurance premiums in the amount and time suitable choice.

The advantage, the owner of the insurance will get funds every time the sons and daughters enter the new education, elementary, junior high school, and PT. In addition, insurance funds will still be given if the owner dies without paying premiums again. Instead the funds were taken before his time will be subject to penalties, required to pay a certain amount.

When did you start this insurance? We recommend that since an early age. You can start this insurance program since the children aged 0 years because the premium paid can be cheaper than if you take insurance when the child is older, the premium to be paid will be higher. Age children to a maximum of 12 years and old age people is also a factor to determine the degree of premium.

You then choose to contact the insurance. Then, based on your plan, the insurance company will calculate how much money is needed for each level of education. From there, it could be concluded how much premium to be paid every month. The insurance company also will calculate the funds available and the premium is determined.

For example, if your income is currently about 5 million per month, assuming 10% - was for the cost of our baby education insurance, amounting to 500 thousand rupiah per month, or about 6.5 million dollars per year

The difference between the Savings Insurance

Education savings accounts are generally sold by the bank, with backup by life insurance companies. So we can come to the banks who sold these educational savings, and we determine how much our target and how long the target would be achieved. Then the banks will determine how much monthly payment should be done with include the interest rate should be used during the contract period.

Generally, education savings is equipped with life insurance or other insurance. So when parents who experienced severe to deposit every month, such as dies, then the life insurance will replace him as the depositor. So the target of education fund established by parents who can still be enjoyed by children.

But Education Insurance generally purchased through an insurance company who offered by the agent. The customer will determine how much money after seeing the benefits of insurance coverage that will be paid. And insurance companies determine how much premiums that must be paid in a lump sum or on a regular basis, can be annual, can be six-monthly, quarterly and even monthly.

Insurance benefits which are generally offered a certain percentage of the sum insured and paid when the child would go to elementary, junior high school or college. And the benefits will still be paid even if the premium payer's parents as the unfortunate, for example, died.

Both education and insurance savings education both can be used as an alternative to prepare for the child's education fund. Education savings just to prepare at one point, for example, to enter elementary school, or junior high school.

If you want to complete such education insurance, then we have to buy 4 products of this education savings, with funds target and the achievement of different. But precisely here lies the flexibility of an education savings. Currently the interest rate of savings education refers to the deposit or slightly above the deposit which he sold, while the interest rate is more conservative education insurance.

There is one option which is recommended to break with insurance benefits and fertilizing the funds. Suppose we buy term life insurance with sum assured as targeted education funding and achievement of specified time. Then on a regular basis, you deposit a certain fund to invest one's way, for example, into mutual funds.

We also can choose an investment instrument which has a high rate of return and higher risk of course. So with this method, you can obtain a high sum of insurance and investment returns which optimal. The key is just one discipline.

Join Insurance is equal with Saving

Insurance is another way to save money. 10 years ago, an insurance salesman will come to you to give your bid plus insurance, plus savings.

Premiums can be paid monthly, via debit account, or per quarter or per year, like-like. Big savings interest to claim 2% higher than normal savings interest.

Then there are rows of large numbers once, and always you will be guided to look at large numbers, in line 20 years later, and you feel very happy also to money to get money for it.

His name can be savings, can fund education, can pension funds. In principle there are parts that will be saved and within a certain period can be taken.


Five years later, this method is less sell anymore, and insurance companies to package their products in a more lucrative. No longer a savings, education funds, or pension fund but an investment. With a larger return because you are no longer put money in savings instruments that tiny little flowers. You've put your money in equities, stocks, which can provide 20% or 40% return per year. If the stock price of greatness now, yes in fact it does not matter too, his name is also a risk. Want fortunately period can not accept to lose.

Model of unit-linked insurance is far more powerful offer. With a higher return, it must be printed on the proposal numbers far greater than just savings. Well, especially if the designated number at the time you are 70 years of age, is amazing. My disagreement on how to sell such insurance anyway how much does that will take into account the cash value of the astounding number that I thought that plus insurance have advantages in disciplining ourselves to save money.

If the amount of savings was only slightly higher returns than our big annual inflation, plus insurance is enough be used as a means of saving. The things we need to realize is what we pay each month, quarter, or every year that do not all go into savings instruments.

Some signed as insurance premiums would return there if you have not already. So, you must willingly let others enjoy what you pay routine today. This, too, with restrictions, could limit the age of 70 years for example, or contractual restrictions.

But at least, if the customer or the holder dies polls at this period, and he still has a debt that must be repaid, are not necessary he bequeathed to his son's debt

Beyond that, you have a savings instrument that inevitably you have to pay continues, if you do not want to lose all your money. More troublesome indeed. But it may be an option if you are able to administer all costs and expenses to be paid regularly.

Researching Insurance Policy

Below are some tips you can use to understand the policy that you have.

1. Make sure your contents insurance policy in accordance with which you agree in life insurance demand letter. This information can be found on the front page or a summary of the insurance policy. In this section, you can read the insurance product you buy, a large sum assured, start date coverage, the length of insurance period, large premium payment, also the name of the insured and the name of the policyholder.
2. Is there a clause "free look period." In the insurance policy with this clause, you as the policyholder by the insurance company given the opportunity to read the contents of the policy carefully. If the policy is issued is not to your liking, the policy can be returned to the insurer and the premium you have paid will be refunded.
3. Read Back the general provisions of the insurance policy carefully. In this section, you can read your rights and obligations as the holder of an insurance policy. For example, your obligation to pay the premium and what sanctions should be your responsibility due to late or unpaid premiums. The right to obtain insurance benefits when the insured risks.
   

• Also the rights and obligations of the insurer as the insurer. For example, company's obligation to pay claims filed by policyholders or beneficiaries. The company's right to enforce the automatic premium loan due to delays.
• There are also facilities free period or grace period. Free period given by the company to anticipate delays in payment of premiums. Insurance policy premiums are not paid after the due date for payment until the time limits freely, will still be covered if there is risk in that period. Long period of this flexibility is usually between 30 to 60 days.
• See also chapter on general provisions of the policy exclusions of this insurance. In part this exclusion, you can read some things that are excluded which resulted in unpaid benefits.
• Are there special provisions for the products you buy. Some insurance products have specific specifications that need to be set forth in a special provision. Suppose you purchase additional accident insurance products, special provisions for these products will be attached separately.
• Is a copy of the request life insurance attached. In general, a copy of this letter is attached in an insurance policy, because this life insurance demand letter is the basis for the issuance of insurance policies.

Google's New Passion

Despite 13 years of raising Google, the return of Larry Page became chief executive officer (CEO) said will provide a new passion in Google. By making the founder of the top leadership of strategic decision makers, business Google would be moving faster.

"My goal is to manage Google with lively and with soul and passion of a start-up," said Larry Page shortly after the announcement of Google CEO turnover position on January 20, 2011. Positions carried for 10 years Eric Schmidt officially handed back to Larry Page on April 4, 2011.

With his position now, Larry Page will directly lead the product development, technology strategy, and run daily operations. Previously, he was President of Products at Google's more behind the scenes.

Larry Page founded Google with Sergey Brin colleagues in 1998 before he graduated from the doctoral program at Stanford University at the age of 25 years. Earlier, Larry Page is a graduate of the University of Michigan and received a master's degree from Stanford University.

In the initial development of Google, he was the CEO, but release it in 2001 to Eric Schmidt. However, since then Eric Schmidt, the former CEO of Novell and CTO of Sun Microsystems, act as mentors as well as advisers to him and Sergey Brin. After 10 years, Eric was enough assistance and Larry Page, Google's ready to lead again to go much faster.

Over the past 13 years to develop Google, Larry Page have put together a pretty fantastic wealth. Forbes estimates his wealth at this time about 20 billion U.S. dollars. Larry Page was married to Lucy Soytherworth.

How do insurance companies calculate insurance premiums?

First, insurance companies apply the law of large numbers. His philosophy, the smaller the risk and uncertainty when the number of insured increased. The greater the number of people who enter the life insurance program, the accuracy of estimates of insurance losses more easily done. In this condition, the insurer is able to anticipate an insurance claim in the future more accurately. The bigger the group the insured, the losses experienced by the group that will be easier to predict.


For example, an insurance company PT will face a big risk when it should close the insurance coverage for one person $ 100 million for one year. When the number of people insured reaches 500 people, the level of uncertainty will decrease even though the risk of death events remain. If the 500,000 insured in one group, the average death rate fluctuations will decrease. Thus, life insurance companies are able to anticipate more accurately the insurance claim.

Secondly, life insurance companies calculate premiums based on mortality statistics in the table. It speaks about the level of mortality or mortality at any age level. This statistics table is a record of mortality is observed in the previous time period. From the observation result, insurance companies make an average figure as a benchmark for making illustrations of probability levels of life expectancy at each age group.

PT insurance using mortality tables as the main element in calculating insurance premiums. In addition, the calculation is based on the amount of administrative costs, distribution costs and interest rate assumptions. The amount of non-mortality of these elements depend on each company's policy of insurance.


In general, the determination of premium rates every life insurance company based on four principles, namely

• insurance premiums will be calculated by considering the amount of an insured group. The principle of average and probability can only work if applied to large groups. The larger a group the insured, the premium calculation closer to the expected results
•  although it is unknown when and how each group member will die later on, past experience is good enough to use as a guide to estimate future
• life insurance companies pay claims life insurance policies issued from the collection of funds contributed by the policyholders
• each participant contributed to the accumulation of funds in accordance with its risk level. People aged more will pay a higher premium rate than those aged younger.

By knowing how to calculate the premium, we should realize that an active awareness for insurance since very early to determine the amount of premiums we pay. Financial risk management is a form of our responsibility to the family. How wise is the transfer of financial risk to insurance companies by purchasing life insurance products. This is to reduce the financial burden in the future due to the emergence of misfortune / calamity and uncertainty. Do not delay a decision for insurance because of the disaster can never be predicted. Immediately contact the insurer or insurance agent that you know.

Tips : How to Choose Life and Health Insurance

Life Insurance and Health Insurance is required mainly for self-employed and informal workers who do not have health insurance from a company or government agency.
An entrepreneur like me when to ill or disabled because of an accident will have a lot of financial losses / financially because they have to bear the cost of treatment and can not work for a living. Another case if a person works in a company or become civil servants, they usually get health insurance that will bear the cost if the sick and fixed monthly salary is paid. (But not all companies provide decent health insurance too)


Before you decide what insurance products, from insurance companies which I highly recommend to compare different products, types of products from various insurance companies. Do not rush to buy insurance products without understanding clearly the rights and obligations if we join an insurance product.

Some tips from me to choose an insurance product:

* Determine the benefits of any protection we need
* Find information on insurance products fit our needs by collecting brochures from different companies or searching for information on the website of insurance companies
* Consult the dealer in more detail about the products until the detailed calculation of the overall allocation of funds that we are willing to pay for anything
* Do not believe what insurance agents say, because they do not necessarily understand well the products they offer.
* Have made illustrations benefits insurance products, premiums to be paid and the allocation of the premium paid it to anywhere
* Learn the content of the illustrations in the house with a relaxed and thoroughly, do not rush to conclusions, ask a better idea if there is not yet clear
* Compare products from various insurance companies, which provide the greatest benefit with the least expensive premium, but the info or find out whether the company can believe it or not
* Do not just based on the best insurance award from a magazine, but you should really know how to calculate the insurance costs
* Determine the insurance products of your choice after all you really understand
* After determining and deciding to buy an insurance product we will accept an insurance policy that contains a binding contract between the customer and the insurance company, learn again the contents of the policy, the customer usually within 14 days given the opportunity to cancel the policy.

That was a few tips from me so you do not regret one day if you buy an insurance product without understanding fully the rights, obligations and comparisons with other products.

One more suggestion I was a customer who never fooled with any insurance product, "Do not buy Life and Health Unit Link associated with investment". Believe cut unit-linked products is very expensive, you better go pure life and health insurance and invest the money into mutual funds separately.

In the next article I will try to give detailed calculation of unit-linked insurance that actually drain money customers, which makes insurance agents are now a lot of very rich by selling unit-linked insurance.

Choose a Family Health Insurance

Health insurance today is not a foreign object again. Almost all banking institutions have health insurance package.

However, there is wrong in most public opinion about health insurance. That is the premium we pay is considered as money lost. Fortunately, not all think so. Most of the people of Indonesia have started literacy of the importance of health insurance. In general, health insurance will bear the risks we experience in terms of health.





Meanwhile, for family members who have not covered health insurance, should not be forgotten. We recommend that you include in other health insurance programs to suit the needs of families. Because so many insurance companies to provide an attractive offer, do not let one select the insurance that does not comply with the requirement.


Before a choice, learn the first few alternative health insurance bids. Consider carefully so as not grumpy later because that is not disappointed with the product as needed. Among them, know how long the insurance company has long standing and reputation of the insurance company in handling its members. Like the ease of payment and the handling of claims.

Do not hesitate when digging information from health insurers regarding the products will be selected. From this information, you will be able to obtain the insurance company's capital strength. And most important is to choose a package that really fit the needs of your family. For example, check on claims of labor if your wife is pregnant, or check is also about the small claims compulsory immunization in the first year. With foresight, you can get optimum benefit from the health insurance of your choice.

5 Causes of Insurance Money Not Paid

My next door neighbor was often, offer insurance. But I was never interested in baseball. I think they just promise it ... "Yes, some of you may think that insurance can only give promises without any evidence. However, if you've ever prove it? If not, maybe you should take out first, prove whether the new Insurance Company (PA) You did break a promise or including the good.

PA cases that break a promise should be seen case by case basis, do not be generalized. That is, not only because of the PA does not fulfill the promise, then you consider all of baseball right PA. No payment of insurance money by a PA can be for many reasons. Well, this article will discuss what are the causes of Money Life Insurance is not paid to the customer.

ERRORS OF PARTY CUSTOMERS

Not every failure of payment of claims caused by PA. It could also cause the customers themselves. Generally there are five mistakes that can cause customers do not pay insurance money:

1. Customer Dishonesty

Before a person has a life insurance product, he first must complete an Application Letter (SP) Insurance. In the SP there are questions to be answered by a prospective customer, and from the answers that the PA will see whether it will provide life insurance protection to you or not.

Now, when filling SP is often the prospective customer does not give the correct answer. For example, in SP there are questions about whether you had been treated in hospital in the last two years. If you answer no - but never admitted to hospital six months ago for example - then in the event of death to you and PA found that the cause of your death is due to a disease that never makes you go hospital about six months ago, well ... do not expect the PA will pay UP they promised.

2. The exclusion by the PA to pay the sum assured

Sometimes Life PA does not provide the benefits they promised if it turns out the cause of your death are exempt (and the exceptions were written in the policy). Regarding these exceptions, generally the PA set the number of exceptions vary. However, generally are:

1. Death by suicide

2. Death because the person committing a crime

3. Deaths due to AIDS

4. Deaths due to critical illness, where death occurs in the first year she joined the insurance program of the PA concerned

5. Death occurs because of the things that can not be avoided, such as war, natural disasters, or civil commotion

Well, often exceptions contained in the policy was not read by the customer, so that he felt aggrieved when the sum is not paid by insurance. Therefore, if you have an insurance policy, consider and review again to read the articles contained in the policy.

3. Customers too long to make a claim

Generally, the PA set a time limit on filing insurance claims. Usually, the set time limit is three months. Fuss, customers often make a claim outside the time limit, so the PA is difficult to fulfill.

For example, your husband follow a Life Insurance program with you as his heir. In the event of death of your husband, then you can only get the promised insurance benefits if your claim is within three months after the death. If not, insurance companies may be unwilling to provide the benefits they promised.

Now, how long you can know the time limits provided by the PA to make a claim you in death? You can read it on your Insurance Policy. After that, if it really happens later risk of death, immediately submit his claim to the PA.

4. The terms of the time of filing the claim is less complete

PA usually ask a number of requirements when filing a claim if it really happened the risk of death in people who are covered. Requirements that are often not met or completed by the heirs of customers, so the PA certainly can not directly pay their claims.

Typically, the requirements requested by the PA if you want to make a claim of death are:

1. Death Certificate from neighborhood local

2. Accident Certificate from the police (if death occurs by accident)

3. Statement from the RS (if death occurs in hospital), where the letter was signed by the doctor concerned

4. Claim Form issued by the PA

5. Copy of Self Identity Heir

So, if there is risk of death, do not forget to fulfill all the requirements requested by PA.Tidak difficult, right?

5. No premium paid by the customer within a specified time period

It was obvious. If you do not pay premiums according to the specified time period, your insurance policy may become void. This means, you are no longer protected by insurance. This is what often happens. In the early days, customers pay a premium diligent, but at a certain moment, the premium is no longer paid, even until a certain time limit. This is the same as if you use electricity and do not pay within a certain time limit, so your electricity at home threatened termination by PLN.

Therefore, make sure you know your premium payment rules. Do not let your insurance policy become invalid just because you forgot to pay the premiums on time.

ERRORS OF THE PARTY INSURANCE COMPANIES

Apart from the customer side, do not pay insurance money can also be caused by errors caused by PARTY PA. There are several actually, but that generally happens only two:

1. Insurance Agents dishonesty in presenting insurance products

It could be your insurance agent is not honest in presenting his life insurance products. For example, when met, he said that the PA will pay UP Life Insurance when the deaths caused by critical illness, including when the risk occurs in the first year. Though generally not the case.

Indeed, not every PA has the same policy. So my advice, what you see in your insurance policy is what should be a reference, not from what is said Insurance Agents. Generally, the PA provided a Money Back Guarantee if it turns out you are not satisfied with the articles contained in the policy. You can restore her policy, and your money will be returned. Of course, during the return policy that are, within the specified time set by the PA, which is usually 30 to 90 days.

Then, if all Insurance Agent can not be trusted? Yes, baseball, dong. That, right back to the person. Do not trouble there is one agent who 'baseball right', then you equate all insurance agents in the world is 'not true'. Once again, it all returned to their respective characters.

Well, to prove whether the presentations Life Insurance Agent's right, you just match it with the insurance policy issued. If the same, meaning your insurance agent is honest and trustworthy. If not, he just reported on her insurance company.

2. His company is mischievous

If you find that you meet all the requirements requested, to be honest in filling SP, diligent in paying premiums, submitting a claim is still within the specified time period, but claim you are still not paid, check it again. It could be the company that bandel.x

Tips : How to Choose a Vehicle Insurance

Choosing a car insurance is not easy. Especially in the midst of fierce competition nowadays. Almost all insurance companies have a product car insurance. Stay prospective customers to choose which ones deserve to take. Therefore below we present some criteria so as not to incorrectly selected:

1. Prospective customers do not dwell on the cheap premium rates. Because, in today's competition, many insurance companies slam prices, offers cheap premium rates. Though not necessarily any guarantee of service.
2. See the insurance package offered. For example, extensive warranties to how much. Therefore, extensive warranties should be adjusted with the desire and ability to prospective customers.
3. See also the network of insurance companies concerned. For example, how many have a branch office or how many partners have a garage, so once someone claims not to wait long to fix the vehicle or vehicles reported missing.
4. Can be asked in advance convenience, facility or what added value can be obtained when buying the policy in the company. For example, if there is a tow truck, a replacement car or hotline services, mechanic services, ambulances and so forth. And, last but not least is easy to make changes and the facility in question.
5. Consider also bonafides insurance company. Do not get so there is a claim, the partners did not have a garage. Therefore, many insurance companies claim they are the best. Though its financial condition was very severe.

In addition to the above, there are several factors that should be considered in the process of selecting an insurance company included in choosing the product. Things to remember that in choosing a private insurance company, then that should be considered in general are three factors.

First, the financial strength (security). Second, the service (service). And third, cost or expense. Financial strength of insurance related to the company's financial ability to fulfill its promise if the situation requires. It is important to know, because not a few insurance companies are looking beyond it classy. For example storey buildings, vehicles that good directors. But when there claims of customers, the company can not pay.

In assessing the financial strength of these there are some benchmarks that need attention.

• Assets and liabilities. This can be seen from the consolidated balance sheet is published in the newspaper. See also, whether planted in the current investments or long-term. In terms of liability (ability to pay off liabilities) will look at the balance sheet, how the debts on the reinsurer, how he fulfilled his obligation to pay claims, and so forth. Indicators of net liabilities include equity (own capital) divided by net premiums `` (net premiums) of at least 50%. Capital is divided into `` gross premiums (gross premiums) of at least 20%. Limit the level of solvency, which looks from its own capital divided by net premiums of at least 10% and investment funds technical reserves divided by at least 100%.

• Underwriting Policy. On the balance sheet and annual report will be seen that the insurance is still a profit, or profit growth. This means underwiting policy was good.

• Underwriters him. Insurance has personnel qualified or not. It is known from the profile companies that includes the underwriters him.

Service (service) is the extent to which the mirror of human resources at the company's qualified or not. Moreover, insurance companies are selling a service, so excellent service is the key. For example, the extent to which the speed of service in both the policy issue especially in the payment of compensation or claim.

Also, about the service can actually be felt by the customer. Is this insurance company was absolutely the best services for its customers.

In this connection should also be questioned, whether the insurance company mereasuransikan on a first-class reinsurance security. This can be seen from its annual report. It is important to note, because if the company is not in the back-up by reinsurance, the company is likely to be speculative in receiving the premiums.

The problem is how much the cost of expenses incurred by insurance companies in operation. If it is greater than the cost of entry, then obviously the company is not efficient. If it's not efficient, so the edges will incur a loss. And, if you continually lose, definitely not healthy.

In this connection could also be price premiums. Compare the price of insurance premiums the same with other insurance. Where the quality is really good.

Today the government has set a benchmark of health insurance (not the only one) is through mekanime RBC (Risk Base Caital). If the number is large RBC, this means the company is valued in good condition. But we should not be fixated solely with RBC numbers. Therefore, large companies can also occur which are conducting a major expansion such as opening more branches, then his numbers will surely RBC small.

Conversely, there is a small insurance company but never to expand, the number of RBC was probably much greater.

Thus, RBC numbers can not be used as the only measure, whether the insurance company is healthy or not.

In this case who is also noteworthy is the performance of the company within two or three years. How big profits every year, how much gross premiums they receive each year, how much additional capital and assets every year.

And, equally important is how the company's management behavior over the years. Is there a management company for this broken promise? Has this company experienced in default management and so forth.

Life insurance protects customers or Economic Value (?)

I've listened to the opinion of some people about life. Some say: "Life is God's business. Insuring our souls means precede the will of God. "

So to speak. And the fact is, indeed, quite a lot of people who are allergic to hear the word 'insurance'. Funny thing is, those who are allergic to this life insurance did not hesitate to insure a car, motorcycle or houses they have.


Hence, it is not surprising if the majority of vehicle owners to protect the economic value of the vehicle with insurance, while only about 3% only Indonesian who consciously protect themselves with the economic value of life insurance.




Actually, life insurance not to protect our souls. But rather to protect the economic value of ourselves. For example, if today we are able to provide 5 million dollars every month for our family a decent living, then life insurance helps us to ensure that the economic life of our family with 5 million expenditure could be kept awake, 'even if' something happens that causes us no longer able to generate money. We do not expect 'something' was happening.

But who can ensure the future?

Therefore, try to ponder: If the economic value of a car or a house we just protected, why do we not protect the economic value ourselves? Does your car or home is more precious than ourselves?

If our employees, try to check whether the company where we worked has been providing life insurance for us. Companies both of which usually provides life insurance for his employees. But there are 2 things we need to do:

First, ask your human resources department, whether the insurance provided is only valid as long as we work at the company, or it could proceed alone if we stop working.

In general, if employees resign or retire, then life insurance will automatically be disconnected. Therefore, consideration should be to buy their own insurance. Unless we plan to continue working as a professional.

However, consideration should be too, if we retire, whether that protection can be taken away as a retirement package or not.

Second, if the company has been providing life insurance that we can manage themselves (can be taken away and resumed his own), then maybe it's time to do financial planning or school fees of children in the future.

Indeed there are people who prefer to save every month in the bank, and not taken-take. No matter if we can be disciplined way. But if not, maybe insurance education can be a way out.

In addition, education has the advantage of insurance protection side, which is not owned by a savings education.

The principle is: if there is 'something' in us, then our children still get the education funding guarantee in accordance with what we planned.

Although we are not interested in buying an insurance policy, we need not hesitate to consult with insurance agents. There is no harm if we understand the mechanism of this model of financial planning.

At least, we can compare them with financial planning strategies that currently we run. Although we do not buy insurance policies from them, they are usually happy to help us to design our long-term financial plan. That is, we can get a free consultation about our financial planning. Not bad right?

Currently many insurance combined with investment. So, you will get the benefit of protection, while viewing the portion of the money you paid as savings or investment that continues to grow and develop.

The Reason Life Insurance does not pay Claims

The reason life insurance does not pay claims

Feeling cheated by the insurance company because of your claim is denied? This article was created for customers and prospective customers know what can make your claim is denied and the avoidance of losses on the part of customers

Generally, the denial of insurance claims in because 






1. Dishonesty customer.

Many people realize the importance of insurance when already in jangkiti serious diseases such as cancer, heart disease, etc.. When customers fill up with honest SPAJ (Application for Life Insurance), a disease that is in misery, is certain to be rejected because the insurance company is not a charity.

If the customer claims due to accidents or other issues outside of his illness is, of course, a lie will not be revealed, but when there is a claim (illness / death) because the disease is, of course lie will be uncovered and the insurance company may refuse payment of claims.

2. Dishonesty agent.

Many agents simply chasing sales targets and commissions, so they are reluctant to describe at length about the products on offer, apart from being able to make the sales cycle becomes longer, too risky to buy off potential customers.

Even in some cases, agentlah that encourages customers to be dishonest. I have experienced myself when getting the prospective customer has a doctor diagnosed a fatal disease. Prospective customers have been rejected by some insurance companies, and only 1 company that received because agentnya advise not to include the diagnosis.

Dishonesty agent can also be in the form of promising something that is not listed in the policy. That's why customers should take the time to read policies and match them with the words of the seller agent. If there is not in the know, try to ask the seller agent. If the negative attitude so that you do not even try to understand the contents of the policy, then you need to question the motivation of these agents.

3. Because the exclusion in the policy

Many agents (which honestly though) negligent in explaining pengecualian2 contained in the policy. Described or not by the agent, read or not by customers, the exception remains valid, meaning that if your claim included in the exceptions, then do not be angry if your claim is denied. For those of you who already have an insurance policy, read and understand the existing pengecualian2 now, so you are not disappointed later.

4. Because insurance companies are not bona fide

Life insurance is a long-term contracts, in many cases, new claims came after many years as a customer. Therefore, choose a company that is trusted, and to facilitate you, every year as investors and InfoBank magazine published the rating of the insurer. Although the rating is not a guarantee, but at least help you to make decisions.

18 Most Expensive Celebrity Insurance

There is nothing wrong if we insure our best asset. 

For the celebrities, who have more money, they will do anything to keep their assets. 

So there is nothing wrong if they insure their assets to millions of dollars. 

Here is a list of 18 celebrities who insure their assets up to millions of dollars, and please do not laugh just because they insure his chest hair :)

Mary Hart's Legs : $1,000,000

Gene Simmons’ tongue : $1,000,000

David Lee Roth's Sperm : $1,000,000

Betty Grable's leg : $1,000,000

Angelina Jolie's body : $1,000,000

Marlene Dietrich's voice : $1,000,000

Kieth Richards middle finger : $1,600,000

Heidi Klum’s legs : $2,200,000 (one leg insured for $1,000,000 and the other is insured for $1,200,000 because of a scar on the less expensive leg.)

Tina Turner's legs : $3,200,000

Bruce Springsteen’s voice : $6,000,000

Rod Stewarts voice : $6,000,000

Tom Jones' Chest Hair : $7,000,000

Ken Dodd's teeth : $7,400,000

America Ferrera’s smile :  $10,000,000

Jennifer Lopez’s bottom : $27,000,000

Michael Flatley’s legs : $47,000,000

David Beckham’s legs : $70,000,000

and the winner is ...

Mariah Carey's Legs : $1,000,000,000