Wednesday, November 23, 2011

Health Insurance-Protection against Health

Health insurance is the insurance done on health to provide coverage in terms of medical expenses occurred on insured person in case of any major diseases or minor injuries. In other words we can say that Health insurance is a contract between the insurance company and insurer who have to pay premiums annually, monthly or quarterly in order to claim for that amount in case of any injuries and diseases occurred to concerned person.

In Health Insurance, Progressive Health Insurance plays an important part where it is acting as an advisory firm which looks after consulting part in the areas of financial, operational along with strategic part. It is also concerned with Outpatient management services covering Clinic set up part along with dealing in physicians or service provider which will help in the process.

Insurance is a type of risk management in which there is transfer of the risk of the loss from one person to another, in exchange for payment. The company selling the insurance is known as Insurer and the person buying the insurance is known as Policy Holder. Insurance policy is based on contract in which insured person will receive certain amount of money in case of any loss occurred on his side. Insurance is also based on Insurance Quotes which are based on several factors including amount of insurance, duration and type of the policy. Quotes are only for information purpose. It is also based on other factors on the policy holders side related with personal and professional life whether he will be able to pay the required amount or not.

Many companies have assigned several quotes for Life and Auto insurance. Life Insurance quotes along with Auto Insurance quotes tells us the exact cost of the policy. It also informs us the duration of the policy with Premium amount, whether the policy is term or permanent one. You can also get Life Insurance and Auto Insurance quotes online.
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