Mass Ilness at Hotel Reminds us of the Need for International Health Insurance

Posted in Insurance Articles by Anthony Thompson on September 3, 2010 No Comments yet

International health insurance is not just for visitors to volatile countries, or for people partaking in dangerous activities while visiting abroad. The truth is, injuries, accidents, and illness can strike at any time, necessitating hospitalization. Visitors to a hotel in Las Vegas found this out the hard way.

Last week, a chemical leak affected patrons of the MGM Grand Hotel in Las Vegas. Over 100 people visiting the hotel’s pool claimed to be made sick from the leak, with 12 making trips to the hospital. These visitors were suddenly faced with a problem, and an expense, they could never have anticipated.

You see, something as seemingly harmless as lounging by the pool can accidentally wind up sending you to a hospital. Read full article…

Insurance Company Says Dead Flowers Started House Fire

Posted in Insurance Articles by Anthony Thompson on September 1, 2010 No Comments yet

Here’s a reason to throw away your dead flowers. State Far Insurance Co. ruled that dead flowers in a plastic flower pot spontaneously combusted, sparking a house fire that did $20,000 in damages to a northeast Arkansas home, according to the Associated Press. “The fire was caused by self-heating through decomposition of organic materials contained within a plastic flowerpot,” the Aug. 25 letter from State Farm Insurance Co. to the owner said.

The homeowner Brian Duncan said the flowerpot was holding dead, decomposing flowers and potting soil that his wife planted over a year ago. “She had intended on repotting (the flowers),” Duncan told the Associated Press. But inste

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As Airlines Add More Fees, International Insurance Offers Travelers a Chance to Save

Posted in Insurance Articles by Anthony Thompson on August 30, 2010 No Comments yet

In the last week, a major airline announced that it would be adding yet another fee to specific seats on its planes. This represents just the latest additional fee that travelers have been faced with in the last few years. In a time when travelers continuously fall victim to the airlines’ need to find new revenue sources, it is good to know that you can still save money with international health insurance.

American Airlines just announced fees on coach class seats. A few specific rows will now have a surcharge and be considered to be a tier of premium seating, despite the fact they are not first class. Read full article…

Will Insurance Agents And Brokers Be Needed Under Health Reform?

Posted in Insurance Articles by Anthony Thompson on August 29, 2010 No Comments yet

Some experts say that insurance agents, brokers and small insurance companies may become victims of the massive health care overhaul set to kick in in 2014. The health care reform bill will impact nearly every corner of the health care industry which makes up one-sixth of the US economy. According to a report by Time Magazine, agents and brokers are concerned they’ll soon be viewed as redundant under the new legislation.

At a recent meeting of the National Association of Insurance Commissioners, 25 commissioners passed a resolutions stating that health care reform should “recognize and protect the indispensable role that licensed insurance professionals play in serving consumers.” At issue is how insurance companies should now calculate their medical and administrative expenses. Most

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Group International Health Insurance Provides Strength in Numbers

Posted in Insurance Articles by Anthony Thompson on August 24, 2010 No Comments yet

Traditionally, most citizens get their health insurance plans through their employers. The reason for this is simple: employers can get lower rates for their employees by brokering deals with insurance providers to send large numbers of customers their way. You probably knew that already, but did you know you can use the same ability to “buy in bulk” for international health insurance as well?

There is a product called group international health insurance that offers you that very opportunity. Many employers who send large groups of employees overseas choose this type of insurance to protect the health of their employees while also protecting their financial bottom lines. Read full article…

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