Insurance & HealthCare News

Why Online Insurance / Web based Insurance?

Why Online Insurance / Web based Insurance? Insurance has largely been a personalized business but with adoption of technology and increased security, the online insurance business has proliferated. Increased number of tech-savvy clients with limited time at disposal makes web-based insurance a lucrative proposition. Almost all kinds and forms of insurance could be purchased on [...]

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Insurance is for financial protection and not for Financial Gain

Insurance is for financial protection and not for Financial Gain Insurance is a financial instrument designed by the society to provide financial assistance when it’s needed the most in someone’s life. Insurance is a contract where the insurer agrees to pay a fixed or variable sum of money on the happening of certain unfortunate event. [...]

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Auto Insurance Claims

Auto Insurance is a policy purchased by vehicle owners to mitigate costs associated with getting into an auto accident. Instead of paying out of pocket for auto accidents, people pay annual premiums to an auto insurance company; the company then pays all or most of the costs associated with an auto accident or other vehicle damage. There are mainly [...]

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Latest on Health Care Exchange

Latest on Health Care Exchange Health Insurance Exchange (HIX) or also known as HealthCare Information Exchange (HIE) is another reform in the US healthcare industry likely to be implemented by January 1, 2014 under federal law. This will enable customers and SME to choose from standardized health care plans offered by industry players. Each state will [...]

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Insurance & HealthCare News Summary

Insurance & HealthCare News Summary Auto Insurance claim satisfaction continues positively* The fourth quarter of 2011 witnessed a steady amount of customer satisfaction for auto insurance companies, even though there was a larger amount of claims during the period, according to a report from J.D. Power and Associates. It took repair shops 8.5 days to [...]

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