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    AXIS Capital is a group of global insurer and reinsurer, providing clients and distribution partners with a broad range of specialized risk transfer products and services, i.e. health insurance. We serve a host of industries and diverse coverage needs through our operating subsidiaries and branch offices in Bermuda, Australia, Canada, Europe, Latin America, Singapore and the United States. The company also service SE Asian countries such as Jakarta Indonesia, KL Malaysia and many more. Nowadays it is common for an individual to be covered by two, or even three, health insurance policies. One reason for this is the increase in the price of health-care services in the past decade. Ages ago health insurance cover was considered fairly sufficient for an entire family. Nowadays, it will hardly be sufficient to pay for a five-day stay in a hospital and hearing all about the complaints. Furthermore, medical insurance cover from employers is insufficient. In both conditions, one has to buy another policy. But while a larger insurance cover is a good thing, multiple health insurance policies can lead to confusion when making a claim. To avoid misinterpretations ask these questions, like should a person claim only from one insurer or does he need to inform his insurer about the additional covers? Maybe ask, will the hospital permit two cashless claims for the same illness or will he get the no-claim bonus if the second policy is not invoked? It's all rather unclear for the policyholder, who may possibly be under strain due to the illness. The first thing to know is that it pays to apprise all insurers every time there is a hospitalization. This does not mean that one can distinctly claim the expenses from each of them. "You cannot profit from a medical insurance plan," says Joydeep Roy, chief executive of L&T General Insurance Company. Review, since you may want to know why the person would claim from the second policy. After all, isn't his money cover from the first plan big enough to cover his expenses? Maybe not, because different from the past, many health plans now have bounds on the expenses under different heads. For example, there is usually a cap of 1% of the sum assured on the room rent per day. So, an Axis Capital Group Insurance amount policy will only reimburse up to Axis Capital Group Insurance a day. This means that an insurance plan may not fully cover your medical expenses (see table). It is also a good reason why one should study the policy features in detail, especially the fine print on benefits, before buying one. For more information: http://www.goodreads.com/topic/show/1829097-axis-insurance---specialty-insurance-axis-capital-group-singapore-jakart http://community.justlanded.com/en/Germany/forum/Investors-Accident-Health-Axis-Capital/2

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    Health Insurance: Use multiple plans effectively

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    AXIS Capital is a group of global insurer and reinsurer, providing clients and distribution partners with a broad range of specialized risk transfer products and services, i.e. health insurance. We serve a host of industries and diverse coverage needs through our operating subsidiaries and branch offices in Bermuda, Australia, Canada, Europe, Latin America, Singapore and the United States. The company also service SE Asian countries such as Jakarta Indonesia, KL Malaysia and many more. Nowadays it is common for an individual to be covered by two, or even three, health insurance policies. One reason for this is the increase in the price of health-care services in the past decade. Ages ago health insurance cover was considered fairly sufficient for an entire family. Nowadays, it will hardly be sufficient to pay for a five-day stay in a hospital and hearing all about the complaints. Furthermore, medical insurance cover from employers is insufficient. In both conditions, one has to buy another policy. But while a larger insurance cover is a good thing, multiple health insurance policies can lead to confusion when making a claim. To avoid misinterpretations ask these questions, like should a person claim only from one insurer or does he need to inform his insurer about the additional covers? Maybe ask, will the hospital permit two cashless claims for the same illness or will he get the no-claim bonus if the second policy is not invoked? It's all rather unclear for the policyholder, who may possibly be under strain due to the illness. The first thing to know is that it pays to apprise all insurers every time there is a hospitalization. This does not mean that one can distinctly claim the expenses from each of them. "You cannot profit from a medical insurance plan," says Joydeep Roy, chief executive of L&T General Insurance Company. Review, since you may want to know why the person would claim from the second policy. After all, isn't his money cover from the first plan big enough to cover his expenses? Maybe not, because different from the past, many health plans now have bounds on the expenses under different heads. For example, there is usually a cap of 1% of the sum assured on the room rent per day. So, an Axis Capital Group Insurance amount policy will only reimburse up to Axis Capital Group Insurance a day. This means that an insurance plan may not fully cover your medical expenses (see table). It is also a good reason why one should study the policy features in detail, especially the fine print on benefits, before buying one. For more information: http://www.goodreads.com/topic/show/1829097-axis-insurance---specialty-insurance-axis-capital-group-singapore-jakart http://community.justlanded.com/en/Germany/forum/Investors-Accident-Health-Axis-Capital/2

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    32 views2 pages

    Health Insurance: Use Multiple Plans Effectively

    Uploaded by

    jerryunzueta
    AXIS Capital is a group of global insurer and reinsurer, providing clients and distribution partners with a broad range of specialized risk transfer products and services, i.e. health insurance. We serve a host of industries and diverse coverage needs through our operating subsidiaries and branch offices in Bermuda, Australia, Canada, Europe, Latin America, Singapore and the United States. The company also service SE Asian countries such as Jakarta Indonesia, KL Malaysia and many more. Nowadays it is common for an individual to be covered by two, or even three, health insurance policies. One reason for this is the increase in the price of health-care services in the past decade. Ages ago health insurance cover was considered fairly sufficient for an entire family. Nowadays, it will hardly be sufficient to pay for a five-day stay in a hospital and hearing all about the complaints. Furthermore, medical insurance cover from employers is insufficient. In both conditions, one has to buy another policy. But while a larger insurance cover is a good thing, multiple health insurance policies can lead to confusion when making a claim. To avoid misinterpretations ask these questions, like should a person claim only from one insurer or does he need to inform his insurer about the additional covers? Maybe ask, will the hospital permit two cashless claims for the same illness or will he get the no-claim bonus if the second policy is not invoked? It's all rather unclear for the policyholder, who may possibly be under strain due to the illness. The first thing to know is that it pays to apprise all insurers every time there is a hospitalization. This does not mean that one can distinctly claim the expenses from each of them. "You cannot profit from a medical insurance plan," says Joydeep Roy, chief executive of L&T General Insurance Company. Review, since you may want to know why the person would claim from the second policy. After all, isn't his money cover from the first plan big enough to cover his expenses? Maybe not, because different from the past, many health plans now have bounds on the expenses under different heads. For example, there is usually a cap of 1% of the sum assured on the room rent per day. So, an Axis Capital Group Insurance amount policy will only reimburse up to Axis Capital Group Insurance a day. This means that an insurance plan may not fully cover your medical expenses (see table). It is also a good reason why one should study the policy features in detail, especially the fine print on benefits, before buying one. For more information: http://www.goodreads.com/topic/show/1829097-axis-insurance---specialty-insurance-axis-capital-group-singapore-jakart http://community.justlanded.com/en/Germany/forum/Investors-Accident-Health-Axis-Capital/2

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    Axis Capital Group Insurance

    Fraud Info Malaysia Jakarta Asian


    Region
    Health Insurance:
    Use multiple plans
    efectively
    AXIS Capital is a group of global
    insurer and reinsurer, providing clients
    and distribution partners with a broad
    range of specialized risk transfer
    products and services, i.e. health
    insurance. We serve a host of
    industries and diverse coverage needs through our operating subsidiaries
    and branch ofces in er!uda, Australia, Canada, "urope, #atin A!erica,
    Singapore and the $nited States. %he co!pan& also service S" Asian
    countries such as 'akarta Indonesia, (# )ala&sia and !an& !ore.
    *owada&s it is co!!on for an individual to be covered b& two, or even three,
    health insurance policies. +ne reason for this is the increase in the price of
    health,care services in the past decade. Ages ago health insurance cover
    was considered fairl& sufcient for an entire fa!il&.
    *owada&s, it will hardl& be sufcient to pa& for a -ve,da& sta& in a hospital
    and hearing all about the co!plaints. .urther!ore, !edical insurance cover
    fro! e!plo&ers is insufcient. In both conditions, one has to bu& another
    polic&. ut while a larger insurance cover is a good thing, !ultiple health
    insurance policies can lead to confusion when !aking a clai!.
    %o avoid !isinterpretations ask these /uestions, like should a person clai!
    onl& fro! one insurer or does he need to infor! his insurer about the
    additional covers0 )a&be ask, will the hospital per!it two cashless clai!s for
    the sa!e illness or will he get the no,clai! bonus if the second polic& is not
    invoked0 It1s all rather unclear for the polic&holder, who !a& possibl& be
    under strain due to the illness.
    %he -rst thing to know is that it pa&s to apprise all insurers ever& ti!e there
    is a hospitalization. %his does not !ean that one can distinctl& clai! the
    e2penses fro! each of the!. 34ou cannot pro-t fro! a !edical insurance
    plan,3 sa&s 'o&deep 5o&, chief e2ecutive of #6% 7eneral Insurance Co!pan&.
    5eview, since &ou !a& want to know wh& the person would clai! fro! the
    second polic&. After all, isn1t his !one& cover fro! the -rst plan big enough
    to cover his e2penses0 )a&be not, because di8erent fro! the past, !an&
    health plans now have bounds on the e2penses under di8erent heads. .or
    e2a!ple, there is usuall& a cap of 9: of the su! assured on the roo! rent
    per da&. So, an A2is Capital 7roup Insurance a!ount polic& will onl&
    rei!burse up to A2is Capital 7roup Insurance a da&. %his !eans that an
    insurance plan !a& not full& cover &our !edical e2penses ;see table<. It is
    also a good reason wh& one should stud& the polic& features in detail,
    especiall& the -ne print on bene-ts, before bu&ing one.
    For more information:
    http=>>www.goodreads.co!>topic>show>9?@ABAC,a2is,insurance,,,specialt&,
    insurance,a2is,capital,group,singapore,Dakart
    http=>>co!!unit&.Dustlanded.co!>en>7er!an&>foru!>Investors,Accident,
    Eealth,A2is,Capital>@

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