By : Anton Hermansyah
Indonesia is a potential market for insurance, since It has billions of people and relative high growing economics. But why the insurance doesn’t grow as it expected.
I browse to the net, follow the lecturing, done some discussions with my friends, and here are the reasons that I got :
Religion and Belief
Indonesian society has strong belief and religion, they believe if the disaster get on them, it’s because of their failure or disobeying the God, if you get insured means that you don’t believe on God’s protection, and it’s a taboo to talk about disaster (it would be difficult to explain the insurance to them).
Education
They felt they have educated enough about insurance, and all they know in generally is : “If I don’t have a trouble, I don’t get the money. My life is almost trouble free, why should I get insured? It’s just wasting my money!”
Financial Perspective
Prior to previous reason, they haven’t realize insurance as an investment, “If you want to invest, why don’t you buy a house, land or jewelry?” Those still a good investment methods, but not liquid enough.
Financial Condition
It’s all about the ability and the stability. We must have the ability to buy the policy and stabilty to pay the premiums consistently. I’m not sure about the number, but I think many Indonesians don’t have either the ability, stability or both. As long as I see, the insurance buyers in Indonesia are from the middle up economic level and forth, in fact there are many Indonesian people living below the poverty line.
7 Tips On Getting The Right Flood Insurance So You Can Stay Prepared This Winter
Posted by Admin Labels: General“Purchasing flood insurance is not something you want to rush,” notes David Beavers of the Water Damage Team. “To properly protect your investments you should take the time to properly prepare before purchasing flood insurance, as rates limits and coverage alter drastically between insurance companies. To help you prepare for your search, please enjoy the following list of tips for finding the right flood insurance.”
1. Assess your Home’s Risk
A nation wide insurance company stated that one third of the flood claims they get come from homes not in a flood prone area. It’s important to consider your real risk for a flood of any kind, and how high if a risk it is. Depending on your homes propensity to flood, the policy you choose should adjust to it accordingly. You can go to the governments flood site, FloodSmart.com, to get a better idea of your homes risk for flooding as well as some estimates for price ranges you should be expecting.
2. Don’t Wait
It takes awhile to finalize the process of getting flood insurance, and if a flood occurs during that process it’s not likely that you will receive coverage. If you are considering this type of insurance, then make sure you plan to purchase it well before flood or even rain season. Unfortunately, the majority of homes in Louisiana had no flood insurance during hurricane Katrina, and government handouts only go so far.
3. Educate Yourself on Limits
Before signing anything, make sure you know your home well and they type of flood damage it could incur. Then carefully evaluate your flood insurance proposal and make sure you are fully covered for any and every area of concern. While some insurance companies have limits to the amount they’ll refund you for damages, some will cover your home and it’s possessions to the full extent. Do not be afraid to ask questions, express concerns, or criticize rates and limits. This is your home, life, and family you’re dealing with so it’s okay to be a little pushy to make sure you’re getting what you want when you pay for it.
4. Ask About Rate Increases
No one wants to think about their rates increasing in the future when they’re first taking on a new bill, but it is important to remember that your flood insurance rates could very likely rise and you will be expected to pay the difference. Luckily, now that you know this you can take a look at rate limits for each insurance company you consider, and factor them in.
5. Preparation is Key
The more knowledgeable and prepared you are when choosing flood insurance, the more likely you are to make the perfect choice for you. Before going in to question agents, make a list of things you’d like to ask and know. It’s easy to get flustered and forget important things when you’re talking to a smooth talking insurance agent who knows how to make a sale. Know what exactly you’d like protected from a potential flood (just the home, or all possessions or vehicles as well?) and what your budget is. Look online before going out to et a good idea for insurance rates for your area.
6. Ask Neighbors
Don’t be shy to ask neighbors and friends living nearby if they have flood insurance and which company they purchased it from. Make sure to ask multiple questions from overall satisfaction, to reliability and rates. The best reviews are from the customers themselves as opposed to the company trying to sell their stuff.
7. Do Not Rely on Handouts
Although it’s true people living in high-risk areas have the right to government aid in a natural disaster, they aid is very limited. Very limited. If you live in one of theses areas and thus think you don’t need insurance, know that you’ll receive some help but you may lose your home and possessions in the process, as the government is not likely to replace them.
The Water Damage Team is a nation wide disaster restoration company, with years of experience in water removal and water drying. As well as storm damage clean up, contaminated water removal, structural drying, debris removal and mold remediation.
Issued By : Water Damage Team
Source : www.prlog.org
Generally, most people have a misconception about their insurance agent. They believe that because they have been paying their annual premiums that the agent is concerned about doing what is right for them. While that may be true for a small number of agents, most agents on the other hand know their loyalty is to the insurance company for which they work.
When the adjuster comes out to examine your damage, he or she wants to save the boss as much money as possible. And that means they will do whatever it takes to minimize the value of your claims.
Of course, you won’t be thinking about all of these issues at the time. You will be worried and stressed because of the accident, the fire, the storm, or whatever may be the cause of your claim. And that is why it is important for you to use an insurance claims specialist.
What Does an Insurance Claims Specialist Do?
Insurance claims specialists work with people like you who need assistance in filing their claims and in handling all of the other responsibilities that may entail. The specialist can come into the picture and help you answer questions from the insurance company and deal with all of the other professionals who will be involved in making you whole again. You won’t have to deal with the phone calls, emails and letters from the insurance company, the contractors, or anyone else. All of that will be handled by your claims specialist. You just work on getting your life back together.
Another important service is that an insurance claims specialist can help you interpret the fine print of your policy. Most of us don’t understand the jargon insurance companies use to explain our coverage, the policy exceptions and other elements. They can step in and help you make sense of all the details so you will be armed with knowledge.
Specific Services from Insurance Claims Specialist
As soon as you need to make an insurance claim, you should call in your specialist. Because you will need to make sure your story is coherent, you can work with the specialist before you start answering questions from your agent.
Additionally, if you need a temporary place to live or a rental car or even cash to hold you over until you can begin receiving funds from your policy, your insurance claims specialist can take care of all of these areas for you.
Once your basic needs are taken care of, your specialist will start assessing your damages. He or she will be able to provide a true estimate of what you have lost as a result of the accident, fire, or other destructive event. They can also examine your policy and decide what you can expect to receive based on those damages.
After the wheels of the claims process are set in motion, your representative will work with the professionals on your behalf and will help to negotiate the type of settlement you desire and for the amount you deserve.
If you have a spouse, dependents, children or anyone in your life about whom you care deeply it adds so much purpose to your life - no longer are the hours spent at your desk or slaving over housework without meaning, in fact no longer are any of the tasks you undertake for no purpose.
If you have someone who relies on you, needs you and loves you right back then their welfare and overall care is of paramount importance to you on all levels; and if you decide to up sticks and relocate overseas to enjoy a better quality of life as an increasing number of families are doing, the holistic approach to the care of your family will be your number one priority.
Moving is one of the most stressful events in anyone’s life, moving abroad doubly so - and if you factor in moving overseas with children, having to find accommodation, employment, educational establishments and new friends for the whole family then the entire project becomes incredibly daunting at first glance.
However, as with any large task the best way to tackle it is to break it down into small pieces and manage each step at a time.
Many people are choosing to move overseas with their family to give them a better start in life, a better quality of life and a safer, more fun introduction to life - sunny overseas destinations are often favoured because the amount of time the family can spend together outdoors swimming, walking, playing and exploring is far greater than in many parts of Northern Europe and America for example meaning that the whole family will benefit from better health, greater levels of fitness and fresher air.
Sunnier countries often have far better and healthier fresh produce for sale, another tick in the box for moving abroad. Often the pace of life overseas is slower, stress is an alien concept, money is a tool rather than a goal and so one’s approach to life can become far healthier and better balanced. All of these factors add up in favour of starting a new life abroad for many families.
However, when one moves from a country like America, Canada, Germany or the UK where health care services are exceptional, the level of assistance afforded every citizen is fantastic and the right to decent medical and dental services is guaranteed, it can be a shock to move abroad and learn that health care services differ greatly, as does the cost of care, on a country by country basis.
Generally speaking it is usually possible to get a decent level of medical care in any major destination in the world - however, affording the care and actually having the right to see a specific doctor can be restrictive and restricted.which is why those moving abroad with their spouse, children or significant others in tow must consider getting international health insurance from the get-go. While insurance is far from an enthralling subject, it is an essential element in the protection of family members when moving to live abroad. The head of the family must ensure that every family member has at least the basic level of cover that will enable them to have emergency treatment and care should they need it, and this will give everyone the peace of mind they need and the protection they deserve.
The good news is that international health insurance packages for the whole family are affordable as more insurance providers battle over customers! It is well worth shopping around for the best quotations before committing to any one provider, furthermore it can also be cheaper to get health insurance from specialist expatriate providers or to find a company local to the destination in which you will be living.
Rhiannon Williamson is a freelance writer whose articles about living abroad, moving overseas with children, working abroad and investing internationally have appeared in publications around the world. She has a wealth of useful information on her website for would be expatriates from how to get the best international medical cover to how to find international schools, from getting jobs abroad to studying overseas.