Buying disability, health, or long-term care insurance is important when you are planning your retirement. Knowing a lot about you is what the insurance company would want. You will be classified based on your medical records, family history, as well as your habits.
It's important for you to have an understanding of your own health. Your health is the biggest factor in determining the insurance cost.
Keep reading to learn about some of the advice from insiders regarding how to get the best health ranking possible at lowest possible rates. Telling the truth
If you hide some facts on your health, then this will not help you. First, the insuring company will eventually find out because they do have your records. They will presume that the problem is serious, since you did not mention it. If you withhold info that the company regards as important, then this could lead to the cancellation of your policy.
Your complete health history is what you should give the insurance company. When you do this, it should be under your own terms. For instance, you can't just say that you have high blood pressure. What you can do is tell them that you have been diagnosed with high blood pressure years ago and have kept control of it.
You would eventually get a good deal if you give them the complete information and reduce the uncertainty.
Be careful on how you say things, a hesitant answer would seem that you are hiding something. The replies you give should be as clear as possible.
Ask what the ranking is based on. There would generally be a criteria when it comes to health ranking and it would be different from each company. Determine your ranking in a specific company and why. Besides helping you get a better picture, this will hopefully decrease your premium as well. You need to know that the rate is just one consideration even though you have to canvass for the best rates.
You can get help from your doctor.
Your physician needs to be informed. Talking with your physician and looking at your records is what insurance companies would want to do. If not that, they would at least look at your records at the Medical Insurance Bureau.
The best move you can make is to inform your physician that you are applying for an insurance. You can ensure that the insurance company gets noticed and gives you in return a favorable rating if there is a forewarning.
You need to make sure that the company is getting a complete record especially if you have moved from doctor to the other. In order to get a complete idea of your state of health, the insurance company wants all of your health records.
Be discrete when you inquire. Too much inquiry might raise a red flag on you. Have you tried getting an agent to do the shopping for you? Choose your insurance broker carefully. They're not created equal just like other professionals.
It's important for you to have an understanding of your own health. Your health is the biggest factor in determining the insurance cost.
Keep reading to learn about some of the advice from insiders regarding how to get the best health ranking possible at lowest possible rates. Telling the truth
If you hide some facts on your health, then this will not help you. First, the insuring company will eventually find out because they do have your records. They will presume that the problem is serious, since you did not mention it. If you withhold info that the company regards as important, then this could lead to the cancellation of your policy.
Your complete health history is what you should give the insurance company. When you do this, it should be under your own terms. For instance, you can't just say that you have high blood pressure. What you can do is tell them that you have been diagnosed with high blood pressure years ago and have kept control of it.
You would eventually get a good deal if you give them the complete information and reduce the uncertainty.
Be careful on how you say things, a hesitant answer would seem that you are hiding something. The replies you give should be as clear as possible.
Ask what the ranking is based on. There would generally be a criteria when it comes to health ranking and it would be different from each company. Determine your ranking in a specific company and why. Besides helping you get a better picture, this will hopefully decrease your premium as well. You need to know that the rate is just one consideration even though you have to canvass for the best rates.
You can get help from your doctor.
Your physician needs to be informed. Talking with your physician and looking at your records is what insurance companies would want to do. If not that, they would at least look at your records at the Medical Insurance Bureau.
The best move you can make is to inform your physician that you are applying for an insurance. You can ensure that the insurance company gets noticed and gives you in return a favorable rating if there is a forewarning.
You need to make sure that the company is getting a complete record especially if you have moved from doctor to the other. In order to get a complete idea of your state of health, the insurance company wants all of your health records.
Be discrete when you inquire. Too much inquiry might raise a red flag on you. Have you tried getting an agent to do the shopping for you? Choose your insurance broker carefully. They're not created equal just like other professionals.
About the Author:
Learn about credit cards for college students at the finance blog, Saving Money Tips.