Getting Insurance with Credit Card (Part 1)

July 4, 2009 by  
Filed under Credit Card, Insurances

Insurance with your credit card (Visa, Mastercard, American Express) are more like contracts to help you attend to incidents, for a short time without providing health insurance coverage and very important in any case if you stay more than 3 consecutive months in the United States.

If you want to be well covered, we recommend you use them in conjunction with a specific insurance. Without going into too much detail, we will outline the services offered.

The main services via your credit card

Warning: This analysis is not exhaustive and has no legal value. Moreover, certain safeguards have been updated by the banking institutions but not yet integrated in our presentation. We recommend you always contact your bank for details of your cover.

Persons insured

It is usually the cardholder, spouse or partner, dependent children for tax under the age of 25 years and ascending and descending. A note on Visa cards that the spouse and dependent children are covered even if not accompanied by the cardholder. As for the MasterCard “standard” including the family of the owner must accompany order to receive the benefit.

Territorial Extent of coverage

For Visa “standards” and “first”, you will be covered worldwide, without excess mileage for your business or private stay in your country of residence (if you are a resident French: metropolitan France including Corsica, Monaco, Andorra, DOM TOM and COM) or outside your country of residence for the security assistance. Regarding the insurance guarantee, it applies to more than 100 km from home or place of work. For cards Mastercard and American Express, assistance does not require franchise mileage, except for the “Gold Amex with which you are covered until 50 Km to you for the assistance of your vehicle, the medical assistance and repatriation expenses, and 100 km from your home in the world to guarantee the rental vehicle.

Length of Coverage

Guarantees of credit card take effect on the date of purchase (under certain conditions) on these cards throughout the duration of them until termination or automatic renewal by the licensee in the country of residence. When traveling abroad, secured assistance apply the first 90 days of stay. This condition can vary from one card to another depending on the type of coverage (insurance or assistance) if the stay is to last longer for specific reasons (death, disability due to an accident during the stay) for the “Visa First, the insurance guarantees apply the first 180 days of stay. Caution: If your stay exceeds 3 months your credit card “standard” will not cover you.

The Importance of Having Insurances in United States

January 4, 2009 by  
Filed under Financial Tips, Insurances

Your mutual complementary not reimburse you your health spending in the U.S..

Once you arrive on U.S. territory, either for sightseeing or to settle permanently, your mutual complementary will not charge unless you have a specific contract stating that coverage, which is extremely rare.

Medical costs are among the highest in the world.

Health care costs are not commensurate with what we have in Europe. If you have an accident or if you fall ill, you will suffer the financial consequences for a very long time if your whole life.
Consultations with U.S. in a GP starting from $ 70 to over $ 300. Consultation with a specialist were much higher. The drugs are much more expensive and a simple blood test can easily cost you $ 150.

The medical process quickly becomes very expensive.

In the U.S., if you get sick with the flu, which is not what is worse … your first visit to the doctor usually will cost a minimum of $ 150 (following consultations are often less expensive but remain around $ 100), he will prescribe antibiotics for example to be much more expensive and not reimbursed by the U.S. Social Security.

The American social system is very different from the European model and particularly the French social security. Remember that Social Security is not an American health insurance in the sense we understand it in France with Social Security.

No American doctor or hospital, unless you’re at the point of death, would agree to treat you if you can not provide credit card or a care insurance.

Before you administer any medical care in the United States, you will be asked to prove that you are “insolvent” (show care insurance, your credit card … etc..). If you need to be hospitalized, it can cost you dearly and if you do not have insurance, you will suffer the consequences sometimes your whole life … So choose an insurance policy that is committed to provide a support in promptly and have relays in the United States or a platform of contact available 24/24 and 7 / 7.

Your credit card do not offer health insurance adapted to American medical costs.

Insurance with your credit card (Visa, Mastercard, American Express) are more like contracts to help you attend to incidents, for a short period without offering you a real health insurance and no way if you stay more than 3 consecutive months in the United States.
Generally, insurance coverage (mainly insurance against accidental death or disability) shall apply only if you purchased your ticket with the card. Regarding the reimbursement of medical expenses, insurance limits credit card are very low and insignificant compared to the high cost of medical expenses in the U.S. or if the maximum reimbursement is higher (eg Visa Premier), you to pay a franchise high for all care generated.

Do not mess with health.

According to the adage “prevention is better than cure”, take all measures to prevent seed health or it will cost expensive especially in the United States.

Mutual Health Insurances

December 29, 2008 by  
Filed under Insurances

Mutual Insurance, as its name indicates, is an information site on insurance and mutual. Posted 4 years ago, this site was originally specialized insurance and suggested more topics on this subject. He also highlighted the difference between insurance and mutual presented the insurance companies the most interesting and best-known mutual. But what about its development after years of existence? We’ll see as insurance mutual has indeed taken a big step.

First, the theme of the mutual health is much more development. In fact, more pages were added on this topic to allow users to know more what the difference between insurance and mutual. One example is the definition of mutual health, an explanation on the quote mutual and an overview on mutual tariff. Want to know how to choose a mutual? A page is devoted to this subject to help you find the right mutual.
After consulting with items of information, mutual insurance then invites you to see the different health insurance companies and mutual partners. These companies offer complementary health guarantees and are addressed to both individuals, professionals and businesses. Just visit the page devoted to these companies to see and select the offers that interest you.

Finally, to facilitate your choices and help you find a guarantee to meet your health profile, Mutual Insurance offers the possibility of a mutual health quote free online. As it has become difficult for users to choose a security that best meets their needs, the site has made available a quote form to facilitate their task. So please visit Mutual Insurance and select the appropriate complementary health.