Pros and Cons of Medical Insurance

Personal insurance is the form of protection against risks which human lives threaten, to health and work capacity. Objects of personal insurance have no personal criterion of cost. Insured can try to prevent those material difficulties which can arise in case of health or work capacity loss. Life insurance in its separate kinds combines brave and savings functions. Some differences from property insurance:

Object is the person who is exposed to risk in connection with a life and level of physical work capacity. The insurer or insured should be the certain person (should be personified). The insurance sum does not represent an exact equivalent of losses and is defined proceeding from a financial position of the insurer and hiss wish. Contracts of personal insurance can have both obligatory and the voluntary form. Duration of contracts of personal insurance much more exceeds period of validity of property contracts (in particular life insurance).

Classification of personal insurance (kinds of personal insurance):

1. By the form personal insurance

Life insurance;

Insurance upon accidents;

Insurance on a disease case;

Long-term medical insurance.

2. By quantity of the persons specified in the contract

The individual;

The collective.

3. On duration of a validity

Short-term (less than 1 year);

Intermediate term (1 – 9 years);

Long-term (more than 10 years).

4. Under the form of payment of the insurance sum

Single payment;

In the form of the rent.

5. Under the form of payment of insurance payments

Payment at a time;

Payment annually;

Payment monthly.

Voluntary medical insurance and as a whole insurance market in our country grows more and more however not all the insurance companies will incur responsibility to insure the child.

The matter is that the child as anybody another is more subject to various kinds of illnesses. But nevertheless the largest companies having the capital abroad render this sort of services.

Even considering that fact that parents have the right to fill the insurance program, experts recommend to choose such services as: vaccination, preventive procedures, granting of the emergency help and a call of the doctor on the house, and also constant consultations by phone and granting of necessary medical preparations.

The main plus of insurance of the child is “binding” to the certain attending physician that considerably raises efficiency of treatment and diagnostics realisation.

It is necessary to notice that before the conclusion of the contract of insurance it is necessary to pay attention to point of change of the attending physician since circumstances can develop not absolutely to the best (was not pleasant the doctor or its service, mistrust to the doctor). The large insurance companies, as a rule, give such possibility.

Unique minus of insurance of the child is high cost. Depending on the policy and the list of insurance services in it the price can fluctuate from 300 to 650 dollars. Also the price depends and on insurance cost.

Certainly, acquisition of the insurance policy does not guarantee protection of the child against illnesses or accidents but insurance of the child guarantees high quality of health services and absence of financial expenses at treatment of the child.

Those who are hunting for the health insurance quotes should keep in mind that nowadays we live in the world where knowledge quickly enhances the quality of our life.