...HEALTH Health is a human right, which has also been accepted in the constitution. Its accessibility and affordability has to be insured. While the well-to-do segment of the population both in rural & urban areas have acceptability and affordability to wards medical care, at the same time cannot be said about the people who belong to poor segment of the society. It is well known that more then 75% of the population utilizes private sectors for medical care unfortunately medical care becoming costlier day by day and it has become almost out of reach of the poor people. Today there is need for injection of substantial resources in the health sectors to ensure affordability of medical care to all. Health insurance is an important option, which needs to be considered by the policy makers and planners. HEALTH CARE SCENARIO Health care has always been a problem area for India, a nation with a large population and a larger percentage of this population living in urban slums and in rural area, below the poverty line. Before independence the health structure was in dismal condition i.e. high morbidity and high mortalities, and prevalence of infectious diseases. Since independence emphasis has been put on Primary Health Care and we have made considerable progress in improving the Health Status of the country. CG: Central Government PH: Primary Health MCH: Maternal and Child Health. • Access to health care service providers and availability of physicians is one part of the...
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...PLEASE READ IT CAREFULLY. CURE PERSONAL INJURY PROTECTION COVERAGE (STANDARD PERSONAL AUTO POLICY) – NEW JERSEY With respect to coverage provided by this endorsement, the provisions of the policy apply unless modified by the endorsement. SCHEDULE I. Principal Personal Injury Protection Coverage Benefits Medical Expenses "Named Insured" and "Family Members" Limit Of Liability $ per person per accident However, regardless of the limit shown above, a limit of $250,000 per person per accident is available for a "named insured" or "family member" for "catastrophic injury treatment". "Insureds" Other Than "Named Insured" and "Fam- $250,000 per person per accident ily Members" Income Continuation Essential Services Death Benefits Income Producer Essential Services Provider Funeral Expenses II. Extended Medical Expense Benefits Coverage Benefits Medical Expenses $100 per week to a maximum of $5,200 $12 per day to a maximum of $4,380 $5,200 less any Income Continuation Benefits paid $4,380 less any Essential Services Benefits paid $1,000 $ Limit Of Liability per person per accident III. Medical Expense Benefits Deductible Unless otherwise indicated below or in the Declarations, medical expense benefits are subject to a deductible of $250 per accident. If indicated to the left or in the Declarations, medical expense benefits applicable to: A. The "named insured" and "family members" shall be subject to a deductible of $ Per accident instead of the $250 deductible;...
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...ever have is when he has made people financially independent and protected so they can go on living the life they have always desired. The ethical issues involving MCA are the fact that there advertising must be consistent with what they offer. There is an imperative for Nick to identify the company’s company plan and make sure that their insurance packages have required coverage. In Motor Club of America the insurance coverage is legally bound to protect those when on the road. Meaning to take advantage of the insurance one must be having a problem with their vehicle and no other property, personal injury outside the vehicle, and legal troubles such as being arrested. They offer a written contract agreement that is paid for on a monthly basis. A major perk to the company is that even clients can make money by referring friends to purchase subscriptions. One referral alone can end up paying someone’s monthly fees, and any additional leads to personal revenue. Nick said he has had people get a ticket and use MCA plan to get a lawyer and fight the ticket and that was fine. However, people have tried to use MCA for an insurance policy in...
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...Insurance Matrix Type of Insurance Functions Example of Company Coverage Characteristics Auto The function of auto insurance is to protect drivers when they are involved in a collision or other type of incident such as fire, theft, or a natural disaster. The insurance company will pay the cost of repairing the vehicle or vehicles dependent upon which type of insurance the person at fault has purchased. Some types of insurance will also cover medical bills for injuries received as the result of an accident. State Farm Insurance Shelter Insurance USAA Allstate Insurance Geico Insurance Progressive Insurance AIG Insurance Medical payments Bodily injury Collision Comprehensive Uninsured motorist No fault Liability Underinsured motorist Towing Home Home insurance provides coverage for damage or destruction of the policyholder's home. It pays for damage by certain events such as fire, rain, wind, hail, or other natural occurrences. It can also cover losses due to theft or injuries on the property. Some areas have insurance specifically for earthquake or flood damage. State Farm Insurance AIG Insurance Allstate Insurance USAA Insurance Progressive Insurance Geico Insurance Farmer’s Insurance Liability Protection • Injuries and accidents • Lawsuits Personal Property Protection • Buildings and structures • Personal items • Living expenses Health Health insurance is purchased to pay expenses incurred as a result of an accident or illness. It covers...
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...Acknowledgement * History of EFU Insurance * Vision * Mission * Policies Offered By EFU Insurance * Detail About Policies * Coverage Under Policies * Risk Management * Claims * Payment of claims and Process * Duration of Policies * Marketing Plan ACKNOWLEDGEMENT All the Acclimations and Appreciation are for Almighty ALLAH, the Compassionate; the Benevolent. That knows the mysteries & secrets of universe. We would like to show the special gratitude to MISS Khudaija who provided with us knowledge Vision about the management. At the end, we would like to thank all who directly or indirectly help us in making the project. Introduction:- In 1932, Mr. Ghulam Mohammad, a far sighted man, established Eastern Federal Union Insurance Company (EFU) with financial assistance from the Aga Khan III and the Nawab of Bhopal. Mr. Abdur Rehman Siddiqui became the founder chairman. The company was originally registered at Kolkata and operated in India (undivided) and Burma. In 1947, on the birth of Pakistan, EFU found a new home in a new country. In Pakistan, EFU rapidly established itself as a progressive and innovative insurer. It gave the emerging insurance industry the leadership, the manpower and the drive needed to grow in a situation where at one time, three-fourths of insurance was held by foreign companies. By 1961, EFU had become the flag bearer of Pakistan's insurance industry on the world stage...
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...annum. He and his wife Janet have a 14-year-old boy, 10-year-old girl and 3-year-old girl, named Adam, Sheila and Carina respectively. Janet is already 44 and works as her husband`s personal assistant with salary of £55,000 per annum. So the annual household income of his family is £475,000 totally. Adam and Sheila studied in a local private school. The couple will have to pay £3,000 per child per annum in school fee, what was more when Carina arrived her school age, and at that time she will probably be sent into the same school. 2.1.2 Mortgage factors in the case The Flynn’s live in a bungalow which is conservatively evaluated £1.25m in firm economic condition. They have £450,000 mortgage to pay in 14 years. They decided to build an extension which cost £300,000. They have taken out the over 20 year’s mortgage on an endowment basis. A substantial shortfall leads to policy operational problems. 2.1.3 Protection factors in the case As a Company Director and Chief Executive of a software company, Alexander is already 48 and close to his middle-age. Great work pressure may easily cause health problems. Janet is 44 and works as Alexander's personal assist. So this couple needs to protect health to deal with the pressure and workload. Their three children also need to protect health to prevent accident happen. Because of the couple work in same company, and company have the opportunity of break down; they will need income protection to prevent redundancy. Flynn’s' bungalow...
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...micro insurance meaning Insurance Regulatory and Development Authority (IRDA) has created a special category of insurance policies called micro-insurance policies to promote insurance coverage among economically vulnerable sections of society. The IRDA Micro-insurance Regulations, 2005 defines and enables micro-insurance. definition by invetopedia Insurance products that offer coverage to low-income households. A microinsurance plan provides protection to individuals who have little savings and is tailored specifically for lower valued assets and compensation for illness, injury or death. Investopedia explains 'Microinsurance' As a division of microfinance, microinsurance looks to aid poor families by offering insurance plans tailored to their needs. Microinsurance is often found in developing countries, where the current insurance markets are inefficient or non-existent. Because the coverage value is lower than a usual insurance plan, the insured people pay considerably smaller premiums. A micro-insurance policy is: · A general or life insurance policy with a sum assured of Rs 50,000 or less A general micro-insurance product is any: · Health insurance contract · Any contract covering belongings such as · Hut · Livestock · Tools or instruments or · Any personal accident contract · They can be on an individual or group basis A life micro-insurance product is: · A term insurance contract with or without return of premium · Any endowment insurance...
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...Workers comp assignment 1) What are the goals of workers compensation? --A. provide prompt adequate definite income and medical benefits to accidents that are related to work. B. Reduce court delays, cost and workloads which are arising from personal injury and provide a single remedy. C. Remove private and public problems of money due to uncompensated industrial accidents. D. Eliminate time consuming trials and appeals in the court. E. Eliminate attorney fees involved. F. accident caused is promoted by frank study and reducing accidents, human sufferings etc. G. Employer must abide the compulsory law that accepts and provides the benefits to workers. 2. Explain how you believe Workers Compensation program has helped workers. Though workers compensation insurance is costly for companies, there are some benefits from managing one’s workers compensation program. Explain. --Workers compensation is the insurance since 1900’s in the United States. From the beginning of 19th century as the growth of industries increased and the workers for the industries also increased, so the injuries’ had become more common in the factories where the workers used to deal with the larger machines and were working in hazardous conditions,. so a system was needed to compensate the workers who had suffered from injuries during working hours,. 1> Workers Compensation program has helped workers in relieving there mental stress. 2> This program has made the workers to...
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...Benefits | Adobe | Health Benefits: | All employees are covered under the Group Tem Medical insurance that includes their spouse, children and Parents. | Risk Benefits: | Adobe gives Group Term Life Insurance, Group Term Personal Accident Insurance and Business Travel Accident Insurance for all its employees. | Other Benefits | Medical Room FacilityAmount that employees are reimbursed for gym and other qualified fitness memberships: up to US$30 a month | Reference | http://www.adobe.com/careers/benefits.htmlwww.glassdoor.com/benefits/adobehttps://www.facebook.com/note.php?note_id=491995931785 | Compensation and Benefits project Benefits | Intel | Medical Benefits | Intel provides its Indian employees comprehensive medical benefits both in their home country and while traveling. Medical, maternity and dental benefits are available for eligible dependents on a shared premium basis | Risk Benefits | Intel provides its Indian employees receive group term life insurance coverage to ensure for their family's economic well-being at the time of their natural or accidental death. Terminal illness; accidental disbursement within 180 days of an accident; and temporary or permanent total disability benefits are also provided. Supplemental coverage is provided for accidental death that may occur on business travel. | Educational benefits | Intel offers reimbursement for work-related coursework, certificates, degree programs, and foreign language training to eligible employees...
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...[pic] STUDENT ASSESSMENT INFORMATION SHEET Module & Code : Managing Finance (BM059-3.5-2) Intake Code : UC2F1205AF Lecturer : RAJA RIZAL ISKANDAR BIN RAJA HISHAM Issued Date :18 September 2012 Start Date : 4 September 2012 End Date :18 September 2012 • Issued Date will be the actual date this SAIS given to students. • Start Date will be the week the Intake commences & the End Date will be the week the Intakes ends Breakdown of Assessment |No. |Description |Marks Distribution | | | |( % ) | |1. |Incourse Assessment |50 | |2. |Final Exam |50 | | |Total |100 | Planned Schedule of Incourse Assessments |No. |Description |Marks |Hand Out Date |Hand In Date |Return Date | | | ...
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...PERSONAL INJURY PROTECTION Personal injury protection (PIP) reimburses medical expenses for covered individuals, regardless of fault, for treatment due to auto accident. PIP covers the driver and any other passengers injured in the vehicle. PIP coverage may also be available for pedestrians injured by a vehicle. Personal injury protection also pays for funeral expenses, lost earnings, rehabilitation, and replacement of services such as child care if parent is disabled. PIP does not cover damages made on the car or any other personal property; it is just an extension of car insurance that is available in some U.S states. Not all states require personal injury protection insurance. Some states actually make it mandatory to have PIP insurance. Reimbursement from PIP payer is based on individual state laws and is provided on a per-person, per-occurrence basis. Personal injury protection is also referred to as “no fault” coverage because the statutes enacting it are generally known as no fault laws. Personal injury protection is designed to be paid without regard to “fault”, or legal liability. To determine coverage, the automobile insurance company’s medical adjuster reviews healthcare bills submitted to company for treatment of injuries sustained. The minimum benefits given are: 1. Up to 10,000 for reasonable and necessary medical expenses for each person injured in an auto accident. Available...
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...Associate Level Material Appendix E Insurance Matrix |Type of Insurance |Functions |Example of Company |Coverage Characteristics | |Auto |Some functions of auto insurance are to comply with |An example of a company is my company I use which is |The coverage characteristics are liability, full | | |state laws for operation of a vehicle on public |USAA. |coverage, bodily injury liability, medical expenses, | | |roadways and to protect you from the possible | |uninsured motorist protection, property damage | | |financial fallout of a major accident that you cause. | |liability, collision, comprehensive physical damage | |Home |A function of the home insurance is to protect the |Progressive |The coverage characteristics are dwelling, other | | |policy holder and family from sudden and accidental | |structures, personal property, loss of use, liability,| | |events that cause property damage and...
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...Policy No.: Approval Date: November 2000 The University of British Columbia Board of Governors 83 Last Revision: June 2005 Responsible Executive: Vice-President, Academic and Provost Vice-President, Learning & Research (UBC Okanagan) Vice-President, Administration and Finance Title: Travel and Related Expenses Background & Purposes: Travel is a necessary component in the gathering and dissemination of information and knowledge. The purpose of this policy is to facilitate travel in support of the University’s mission while maintaining controls for accountability. 1. General 1.1. This policy applies to travel expenses paid from all University administered funds, including those from grants and contracts. The University will reimburse the cost of authorized travel expenses incurred by members of faculty and staff and, in special cases, students or other persons, provided that: 1.2.1. the traveller was travelling on University business, or in support of the University’s mission; and 1.2.2. the traveller had advance authority to incur travel expenses (for example, through recognition of travel in a grant budget); and 1.2.3. the expenses are reasonable, appropriately documented, and comply with University policies and procedures, or the policies and procedures of a granting agency or funding contract; and 1.2.4. the expenses are approved for reimbursement by at least one administrative level higher than the person claiming reimbursement. 1.3. Travel supported...
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...IBAIS UNIVERSITY TERM PAPER ON Green Delta Insurance Company Submitted to:- Prof. Dr. SUJIT SAHA Dean Department of Business Administration IBAIS University Submitted By:- Innocent Group MD: Ishtiak Hossain ID 0102123936 MD:Omor Faruq ID 0102123929 Sajib Debnath ID 0102123922 Minara Akhter ID 01012123917 Program: B.B.A Date of Submission: 30 August, 2015 Letter of Transmittal Date: 30 August, 2015 Prof. Dr. SUJIT SAHA Dean Faculty of Business Administration IBAIS University Subject: Term paper on Green Delta Insurance Company. Dear Sir, With immense pleasure, I am submitting our report of “Green Delta Insurance Company Ltd.: An Evaluation.” which was assigned me as a part of my BBA Program. I have tried my level best to complete this report with the necessary information and suggested proposal that you were provide me as your best as well. I hope that the report will be completed as your expectations. Thank you Sincerely, …………………………….. On behalf of innocent group Department of Business Administration IBAIS University ...
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...is required for Canadians intending to visit Cuba. The passport must be valid for at least one month beyond the date of your expected departure from Cuba. Canadians must also carry a tourist card (or visa), or a business or student visa. The tourist card is generally provided by tour operators or airlines, or can be obtained from a Cuban government office in Canada in the case of privately organized flights. It can also be purchased at certain airports in Canada. Health Insurance Since May 1, 2010, travellers must present proof of health insurance in order to enter the country. Upon arrival, travellers may be required to present an insurance policy, insurance certificate, or medical assistance card valid for the period of their stay in Cuba. Those who do not have proof of insurance coverage may be required to obtain health insurance from a Cuban insurance company when they arrive. Temporary residents also have to hold valid health insurance policies. Although proof of Canadian provincial health insurance is sufficient for visitors to enter Cuba, your provincial plan may cover only part of the costs and will not pay the...
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