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What auto insurance will reassure me that my family will be able to use the money I saved in case I died unexpectedly?

A very close friend of mine suddenly died due to a car accident. Since his death was unexpected, he was not able to prepare for it. He did not save money for his insurance and now his family is suffering. Given that he was the only one providing his family's needs, her wife is devastated. Now that the breadwinner is gone, they were left in hell. I wanted to make sure that my family will not face the same situation his family is experiencing

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    Be reassured with the insurance that you have by making sure that you read the contract thoroughly. There are ways where life insurance is not applicable or will not cover the death. First, is when the cause of death is suicide. It will also not cover when there are health-related issue to the death nor when illegal activities where done. There are some cases wherein the insurance will not be applied because it is outside the country. When a person also died because of armed conflict. Always make sure that you read what you have signed because we do not want every effort will not pay off.

    2020.03.24 15:44

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A person with disability needs insurance.

Insurance has no limits. Everyone can get insurance whatever there status in life. They can be disable or not. When you are disabled, you can get other benefits that only cases like you have. Once insured, you can get it anytime you need it. Disabled people mostly use their insurance for there cases. Having insurance is a privelage, so do not overwelm yourselves with it.

The property that I have is going for closure, but I recently got my insurance.

There are cases that we are evicted from our properties because the land lord have not settled its mortgage with the bank that needs to be paid as soon as possible. In his situation, he just availed a home insurance and got evicted. Your insurance company cannot deal with foreclosure. But when you find a new property, you can tell your insurance your situation.

Does term insurance have more worth than life insurance to you?

Put simple, term insurance is cheaper if you're planning to stay covered for the next 10 to 20 years and less than 70years in general. Whilst the whole life insurance is cheaper if you prefer coverage until 99years with limited payment term. You can opt for a mix of both the whole life and term plans, where the whole life plan covers your final expenses and/or daily expenses for you and your family in the event of untimely death or critical illnesses. Also term plans of about 10 to 20 years can come in handy if you have new-borns as extra coverage will be needed during the years when your children are growing up. In conclusion, there are no right or wrong in planning like this. How much to buy and what to buy depends on what your priorities are.

I got hit by a vehicle, I need my insurance from my country.

Check your insurance if you avail an insurance for overseas, most insurance have overseas category or listed with it. So most likely you can use your insurance wherever you go. Having insurance before going out of country is one of the best choices that you might make. Safety from travels can lessen your burden and might help you with your future tours.

Can my doctor charge me for co-pay even if I've already reached my out-of-money maximum?

If your insurance company tells you that you are not required to pay for co-pay then it just means that you are not required to. You should try telling the doctor's billing department because in most cases, the doctor's are not informed about this. Once you've consulted with the billing department they should reinburse the money that you've used.

Is my kid eligible to get an insurance?

Getting insurance is a safe way to save up money for the later use if ever someone is sick or something happened unexpectedly and needs to pay some bills. Some people ask if even kids get insurance. First, children qualify for full insurance coverage without exclusions. Insurers don’t cover ailments or conditions you have before you buy their plans. Second, premiums will be very cheap because children with clean bills of health are considered low risk cases from the insurer’s point of view. From here, insurance premiums can only go up

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