Insurance first view

Insurance Companies In Sri Lanka

2010-06-17T01:49:00.001-07:00

	Name of the Insurer	Class of Insurance/Date of Date of Registration
1	Allianz Insurance Lanka Ltd	General Insurance/29th September 2004
2	Allianz Life Insurance Lanka Ltd	Long Term Insurance/01st of July 2008
3	Amana Takaful PLC	Long Term Insurance/General Insurance/01st February 2002
4	Asian Alliance Insurance PLC	Long Term Insurance/General Insurance/08th March 2000 17th September 1999
5	AVIVA NDB Insurance PLC (Formerly Eagle Insurance PLC)	Long Term Insurance/General Insurance/16th December 1987 29th December 1987
6	Ceylinco Insurance PLC	Long Term Insurance/General Insurance/11th February 1987
7	Ceylinco Takaful Limited	General Insurance/16th May 2006
8	CHARTIS Insurance Limited	General Insurance/13th December 1999
9	Continental Insurance Lanka Ltd	General Insurance/18th December 2009
10	Cooperative Insurance Co Ltd	Long Term Insurance/General Insurance/18th September 1998
11	HNB Assurance PLC	Long Term Insurance/General Insurance/30th August 2001
12	Janashakthi Insurance PLC	Long Term Insurance/General Insurance/12th August 1994 11th September 1995
13	Life Insurance Corporation	Long Term Insurance/18th December 2002
14	LOLC Insurance Company Limited	Long Term Insurance/General Insurance/30th April 2010
15	MBSL Insurance Company Ltd	Long Term Insurance/General Insurance/01st April 2005 02nd August 2005
16	People's Insurance Ltd	General Insurance/02nd December 2009
17	Seemasahitha Sanasa Rakshana Samagama	Long Term Insurance/General Insurance/08th July 2003 06th January 2005
18	Sri Lanka Insurance Corporation Ltd	Long Term Insurance/General Insurance/03rd February 1993
19	Union Assurance PLC	Long Term Insurance/General Insurance/08th January 1987

Denied for Health Insurance

2010-02-23T10:12:00.000-08:00

Do you know someone of who have been denied health insurance? Most people know that applying for a health insurance is very easy but in spite of this there are really some instance that an individual is being denied.

Prior to getting a health insurance coverage, the insurance providers will place you in some kind of screening for them have an idea of how good or otherwise risky a client you can be. As a normal procedure for the screening, they will require you to undergo physical examination, which involve some testing for sexually transmitted diseases, certain cancers and other illness. Also, part of the screening is scrutinizing the medical history of your family, this is so because even if you are not suffering from cancer at the moment, but the medical history reveal that it runs in your family, then the insurer will consider you a risky client, therefore, putting a greater chance for the denial of your application.

Other reasons in which you can be denied is by the nature of your work. For instance, if you are employed as a fireman, the insurer will assess your type of work as dangerous to your safety and wellness and so, you might encounter some trouble in getting your insurance plan. But not to worry, here's what you can do about it, simply request from your boss about the health insurance plan for your company. A good number of companies provide a group health insurance plan for all its workers as an incentive. This is obviously the solution if you will not be deemed qualified for a health insurance.

History of Health Insurance

2010-02-23T09:10:00.000-08:00

The origins of health insurance began in the United States as early as the mid-1800s as "accident" insurance, which operated much like the disability insurance of today. Often this coverage was related to accidents caused by rail or steamboat. These early coverage plans laid the foundation for more modern comprehensive medical and health coverage.

The Health Maintenance Organization (HMO) Act was approved by President Nixon in 1973. The managed health care plans were subsidized by the government and the new HMO-type systems began to grow, typically organized by businesses and community groups eager to make health care available to their workers and members at costs they could better afford. This subsidy created deals from the insurance companies to lure these businesses to buy these new discounted low cost health plans for their employees instead of the costly individual health plans.

Importance of Health Insurance

2010-02-14T10:30:00.000-08:00

A health insurance is basically a protection against large medical bills. You can pay monthly, quarterly or annually for your it. The first step to getting a good one is to assess your current financial standing as well as health conditions and needs. There are many types of these plans in the market and you should be able to find one that fits your situation.health insurance is a serious gamble with far-reaching financial and emotional effects.It need not be costly. Look for an affordable one. Know the terms, conditions and limitations. To be honest, I do wish all of you are invincible and will never ever be in a situation where you are faced with large medical bills. At the same time, I know that isn’t reality and I sincerely wish you’ll not be caught unprepared. health insurance plan good for every one; benefits and costs vary from an individual to another (due to age, medical condition, etc.). To make a good choice, you need to know what benefits you are looking for, and examine each plan to find the one that best responses to your needs. Although you have many options in choosing your health insurance, finding the right plan can be difficult. In general, individual health insurance is a form of contract between you and an insurer (insurance company )to repay all or almost all of your medical bills, which may includes hospitalization, medications, dental care, seeing a specialist, and certain therapies (radiotherapy, chemotherapy, etc.). Everyone needs health insurance today. This is because of the ever rising costs of hospital bills and medicines. Not all insurance policies can be applied to our needs. One should carefully choose the right plan before buying insurance plans you should examine policies and terms of insurance companies offer to help you in paying hospital bills to make sure there are no problems.

Know about AARP Health Insurance

2010-02-13T14:24:00.000-08:00

AARP Health Insurance is helping members around the age of about 50 years and more in which not only the insurer but also other senior members of the society are also benefited by this organization. AARP Health Insurance is the only largest non profit organization that helps members in the United States. There about 35 million insurance members in this AARP Health Insurance organization.

Pet Health Insurance

2010-02-13T14:13:00.000-08:00

If you are a dog or cat lover, you know you will do anything for them to keep them healthy and safe from disease and injury over the course of their lifetime. Low cost pet insurance is a way to help with that care so that you never have to think twice about making them healthy if a unforeseen situation arises.

When looking for a pet insurance company, there are several things you will want to consider. Think about the age of your pet, the need of having it spayed or neutered, the number of pets you have and any known pre-existing conditions your pet may have. All of these things will factor into your premiums.

Cheap dog insurance can help offset some of those costs when times get tough. Even though the smaller premiums may not cover everything, it can still help with the little things when catastrophic situations occur

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Indemnity Health Insurance

2010-02-13T13:58:00.000-08:00

Indemnity health plans put you in charge of choosing your doctors, hospitals and other health care providers. You pay a set monthly premium and your health insurance pays your medical care, often after you pay a deductible and possibly a percentage of the bill.

A common employer-sponsored form of health insurance is a cafeteria or flexible spending plan. This type of health insurance allows employees to create a benefit package taken from a number of options. You need to contact the employee benefit department at your company for more information on the exact mix of choices available to you.

If you are looking for lower cost health insurance, a "basic and essential" plan may be the best option. Do keep in mind this type of health insurance is limited in what services may be covered so it is important to carefully read the policy so you understand what treatments the plan does cover. Another type of health insurance known as catastrophic health insurance or high-deductible health plans do just what it sounds like they would. The deductible is high, but this type of health insurance protects you against catastrophic illness with a very high total cost.

Health savings accounts are fairly new and an alternative to traditional health insurance. This plan involves putting money into a tax-free savings account to cover your medical expenses.

Cheapest Health Insurance?

2010-02-13T13:48:00.000-08:00

Finding the cheapest health insurance is a huge challenge. The plans are complicated, trying to compare the best value options is difficult and always in the back of your mind is the question, what if I am not covered?

Why do I need health insurance?
Can I afford to pay for private cover?
Who needs to be covered in our plan?
Is Medicare only an option?
Do we need extras like dental or physiotherapy?

Before you decide to search online to get the cheapest health insurance quote, do evaluate on what kind of health insurance you are looking for. Check your health conditions too. Also assess on what all benefits that you want. Such an evaluation will keep you prepared, aiding you in choosing the best health insurance in India. Getting quotes from multiple health insurance companies is easy; but how much time are you going to spend to get the best quote? There are so many companies and it may take you several days to actually take the right decision. This is because the policy and benefits entailed are almost same with difference in premium. But if you look into the details covered, you will find that most of the critical ailments are not covered by many of the policies. In such a situation, it is a one-stop insurance platform like eindiainsurance.com that can best serve you. In this platform, you can not only compare policies using its insurance comparison tool but also get quotes and buy the cheapest health insurance policy india in no time.

Car Insurance For Teenagers

2010-02-12T12:56:00.000-08:00

If you are a parent of a teen, you must know how stubborn the younger generation can get when it comes to them having their own cars to drive to school. And if you don't want to give him his own car just yet, he will begin borrowing yours until you're fed up with it. This is actually understandable. Driving a car for a teen of the legal age is like having a ticket to be an adult. Young drivers think they're free when they drive their own car and they love the feeling of being in control. If you decide to give your son or daughter a car, it is best that you also consider the price of car insurance for teenagers before making the move.

Car insurance for teen drivers isn't cheap. It could even cost double that your own premiums. This is all because a teenager is new on the road and doesn't have much experience when it comes to driving unlike anybody older. Just give it a year or two. Once the insurance provider had proven that your teenager is a responsible and safe driver, his premium would go down naturally.

Motor Trade Insurance

2010-02-12T12:37:00.000-08:00

What is Motor Trade Insurance? ...Motor trade insurance is a must for a person engaged in the motor trade business.Becouse one major accident and all the profits of your business will wiped out.

Car Insurance Secrets You Need to Know

2010-02-12T11:40:00.000-08:00

*If you have good credit, you'll pay less on car insurance.

Tip: Your car insurance risk score is not available to you, but it may be similar to your credit score. If you have unusual credit activity, wait a month for it to return to normal before buying car insurance.

*Your car model affects your premium car insurance. You won't get these numbers from your Car insurer. But the car insurers do have a rating system for every car make and model. Tip: You can file a claim on your home insurance. Most home insurance policies will cover smaller, less expensive items such as compact discs.

*Bad drivers will pay Tip: Some car insurance companies have a forgive the first accident policy. So ask your Car insurance company if it has a forgiveness policy and how to qualify?

*You can wait to add your teenager to your car insurance policy until he or she is licensed.
Tip: Don't forget to tell your car insurance company that you have a licensed teen. If you have to file a claim on his or her behalf, your car insurance company is entitled to charge you back premiums from the date your teen received a license.
Car insurance is an essential thing for every car owner. While buying auto insurance, you need to be aware of every detail about different auto insurance quotes. To find the best deal, it is best to consider auto insurance quotes of different companies before making the final decision.

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Cheapest Car Insurance

2010-02-11T14:06:00.001-08:00

If you are a car owner, affordable car insurance is something you can't do without. Car insurance gives a sense of security to the car owner in case of financial loss due to an accident or theft. In case of any accident, insurance helps in providing claims for all the expenses borne by the car owner. It is therefore important to choose the cheapest car insurance that offers you the maximum coverage and thereby helps you to reduce the overall expense of running a car on the road.

You can get the cheapest car insurance if you are the only owner and driver of your car or if your car has some security features. This gives a sense of security to the insurance company that your car is safe and is less likely to be stolen or serious injury claims. Some other factors that determine the cost of insurance are, the size of car, parking place, age and gender of the driver. A small sized car and safe parking can help you get cheap car insurance.

A Brief History of Car Insurance

2010-02-11T13:57:00.001-08:00

The car first appeared as the 19th century turned into the 20th century, but since very few people could afford to buy one, they were considered something of a luxury at first.after the First World War people got used for insurance.

Now whenever you buy something new, it takes you some time to get used to how to use it. The situation was no different when the motor car first arrived en masse. As you might expect, this led to more than a few accidents starting to happen.

Most people know that there are some forms of insurance that are required by law, and some that are optional. This is how car insurance was to begin with. Policies were created and offered for sale when all these accidents started happening, but they didn't become a legal requirement until around 1930.

In short, it took some three decades for car insurance as we know it now to come into force. The situation was much the same in many other parts of the world too. In America the requirement for car insurance came into force three years earlier than it did in the UK.

History of insurance

2010-02-11T12:46:00.000-08:00

Lloyd's of London, also known simply as Lloyd's, is the oldest insurance market in the world, which began as a group of businessmen getting together at Lloyd's Coffee House in 1688. Together they became underwriters in the insurance market. Lloyd's of London is not an insurance company in the sense that Oxford & Blue Cross Blue Shield are insurance companies.In the early days, Lloyd's of London was the first to insure European ships that were making voyages to the New World.