Wednesday, February 29, 2012

Health Care Insurance Cost Calculator

Health Care Insurance Cost Calculator

Insurance that meets the English words that Insurance is the insurance meaning of several words together. I was looking for insurance in any Which are summarized below.

 
1. The insurance Is that many people have agreed to jointly compensate or mitigate damage to any one of the group members may receive. By a fund (Pool) acts as an intermediary to collect fund known as the premium of all members into the fund. The Fund is responsible for payment of funds to members who have suffered damage.

 
2. The insurance The average risk-sharing plan. The number of people agreed that one. If you have a group that has been lost due to disasters, the people in an average loss to victims.

 
3. The insurance The action of a group of individuals. The transfer of risk of each member. To be distributed to members who have been damaged everyone.

 
The meaning of the seal above. It can be seen that the insurance does not mean to prevent the disaster. But the promise that if there is damage caused by disasters. Those who have been damaged will not be such a disaster. Members of the group of others. Is helping to restore a state of disaster is just like walking on a possible threat. Insurance is meant to be. The exact cause is.Because human beings are born into this world to face the threat posed by fire and theft. Drivers have a responsibility for their risk to health and property of third parties. Life and accident risk. And various hazards. Including sickness and death, it can be said that no one in this world to escape from possible risks. Insurance, thus eliminating the risk to put an end to. And replace them with their uncertain certainty.

 
Jeopardy

 
Risks (Risk) means uncertainty about the risk of losing the car is prone to crash and theft. Home is vulnerable to fire, etc.



 
1. Contributes to the stability of the business.

 
2. The effectiveness of the business.

 
3. The insurance is the foundation of the credit system.

 
4. The insurance can help protect. Help prevent damage.

 
5. To promote the insurance savings.

 
6. The cost of insurance keeps close to reality.

 
Risks could be insured.

 
1. A number of risks which have characteristics similar to a lot of it is because the insurance is based on the rule that a large number (Law of Large Number), which is essentially that if the amount involved in any event. one event. A lot can be estimated or predicted number of events that will occur in the future is quite close to reality. To know how much is enough. The chance of any event that would require a number of observations of events and statistical methods to help the Oinhawoinkgai example of the foregoing.

 
2. The threat of an actual risk, it must be genuine, of course. Death is an absolute disaster.However, certain types of disasters that might have a problem. Disasters that have occurred as insurance or disability insurance for accidents. Often the problem is that the disability caused by accident or caused by reason other than accident insurance as January.

 
3. The threats or risks that can not be a threat to intentionally make it happen. Is not the intent of the insured. The threat must be a danger or damage, or damage that may be expected. And beyond the control of the insured. Of life insurance. Although death is something everyone must face. But no one knows when and how to die. For the suicide. When it happens, it will be denied reimbursement. The purpose of life insurance is to insure the economic loss. The coverage purchased by the suicide. After the contract has been in force for a while. Will be covered. Which is considered as an exception to any of the risk factors that must be expected to happen by chance or not deliberately.

 
4. Disaster happens, it will be a disaster, a catastrophe (Catastrophe), including threats of serious, such as earthquakes and disasters of this type to break rules with a large number (Law of Large Number) because of damage caused. catastrophe than we might expect to be bankrupt because they can not indemnify the insured for. The reinsurance. (Re-Insurance) and the distribution of disaster will allow these companies to get insurance.

 
5. Danger or risk, it must not be too small. Each disaster is different. It must have cost as the cost of issuing the policy. The cost of collecting premiums. The cost of administration. The cost of exploration and appraisal of the damage. Using these values ​​as part of the premiums. So if a disaster or a disaster risk Esืe is not worth the cost of insurance, such as physical damage that occurs with a single glasses, which are minimal. It is not worth the time and labor costs must be broken.

 
6. The cost of insurance should not be too high. Premium rates will consist of two components. Is a real premium. (Pure-premium), the cost of providing coverage directly. And other expenses. And a gain if the premium is a little true. And most other expenses. It would not be worth the cost to be insured as if the premium plus a $ 100 100 is the cost and profit of 90 baht at a premium, the risk is genuine, just 10 baht, as this would not be necessary. must have insurance. Kanpai of the premium for this right and can attract people to the insured. The ratio of costs and profits should not be too high. This generally should not exceed 50 per cent of the total premium.

 
7. An event that must not be damaged in a while. As you know, insurance is an average. Is the average amount of damage. (Premium) and slightly different. To help alleviate the economic burden of a small number. So, if at any one time, many people have to bear the risk. Minorities shall not be responsible for providing assistance.

 
Risks that may not be insured.

 
1. The lack of actuarial statistics must be collected from past experience is a major risk that can not be predicted and are not to be taken before the disaster, such as the retail and fashion. Not insured for damage caused by a sudden change in fashion is.

 
2. The danger is contrary to the interests of the public, such as driving without insurance to cover possible fines in cases of illegal traffic. Or corruption can not be assured of his offense.

 
3. The risk is too much risk, such as the war is the responsibility of the government to pay compensation.
Disasters (Peril) The word "disaster" or "Peril" means that before the loss such as fire, windstorm, lightning, accidents, disasters, etc. The danger is that car thieves do not know in advance. It is not certain. When they occur and cause damage.

 
To reduce the risk. Insurance as a means of reducing risk by transferring the loss to others to bear the burden. Insurance is a way to help reduce the risk of losing the potential for physical damage to life or property by means of the average man in the same society. And facing similar disasters.

 
The benefits of insurance.

 
Insurance will provide direct benefits in terms of coverage, or to reduce risks and mitigate the damage to victims. Insurance also provides indirect benefits in many respects, as follows.

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