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How can you make sure you’re saving money on your insurance quotes?

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Everyone wants to save money on their insurance. Whether it’s cheap temporary car insurance, home insurance, or medical insurance, it’s best to avoid paying more than you should for your premiums. With everyone requiring an individual level of cover, it can be difficult to know how much you should be paying. So, how can you make sure you’re getting the best possible deal on your premiums?

The simple way to save money

The easiest way to save money on your insurance premiums is to make sure that you use a specialist comparison website to compare insurance quotes from a range of different providers. Whether you’re looking for home, car, travel, or health insurance, you will be able to have a variety of quotes delivered to you in the space of seconds.

All you need to do is input a few personal details and some information relating to the type of cover that you’re looking for. With that, you’ll be able to ensure that all of the insurance quotes you’re getting are for the same level of coverage. This will give you an even playing field to determine who is going to be able to provide the best value for money.

Understanding your needs

Something you should think about before you start comparing insurance quotes is what specific level of cover you really need. The better you understand your own requirements, the easier it will be for you to tailor the insurance package you’re getting quotes for. With a website like Compare Insurance, you’ll be able to enter your personal details and the level of cover that you need, so think about things such as how comprehensive you want your coverage to be, the kinds of things you want it to cover, and even things you might be at risk of claiming for.

You can always save more money

There is always a cheaper insurance package out there, as long as you’re willing to find it. Make the process easier and simpler by using a comparison website to take the hard work out. Get started with Compare Insurance today and get annual multi trip travel insurance in minutes.

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Health Insurance

What are the three main levels of health cover?

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If you’re looking for visitor health insurance, it’s important you understand the types of coverage available to you. There’s no “one size fits all” approach to health insurance, there are many different policies and options depending on your budget and circumstances. Understanding those is key to finding the right policy for you – so what do you need to know?

The three main levels of health insurance

Health insurance can generally be broken down into three distinct categories:

  • Basic insurance – This will cover you while you’re in the hospital as an inpatient. It will usually cover your treatment and any associated costs
  • Medium insurance – This will have the same coverage as basic insurance, but will also cover the costs that you accumulate as an outpatient
  • Comprehensive insurance – Aside from your inpatient and outpatient medical expenses, comprehensive care will also cover mental health and physiotherapy

Which level of cover is right for you?

There’s no right or wrong answer when it comes to finding health insurance, all that matters is you get the level of coverage that you actually need. You have to weigh up the potential bills you could encounter against the monthly premiums for your cover.

There are many things to consider relating to your lifestyle, any pre-existing issues you may have, your genetic risk for certain conditions, and much more. It’s not a decision you can take easily, so it’s important to consider everything when you’re choosing the right healthcare insurance option for you. The cheapest option may seem the most appealing now, but it could prove to be inadequate should you find yourself in a position where costs are spiralling.

Finding the perfect health insurance package

If you’re looking for the ideal senior citizen health insurance cover for you, the best thing to do is compare available insurance packages. To do that quickly and conveniently, you should use a dedicated insurance comparison tool, such as Compare Insurance. With just a few personal details, you could find your perfect medical insurance package in just a few minutes. Whichever level of health insurance is best suited for you, use Compare Insurance to find it today.

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Health Insurance

Top factors to consider when choosing health insurance

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Choosing the right health insurance coverage is essential, not just because health insurance is a legal requirement for residents in the UAE, but also because it provides peace of mind and assurance of quality medical care. However, finding the right policy can be a challenge, so here are the most important factors to consider when choosing:

Budget

First and foremost, you need to choose a health insurance policy that you can afford to pay each month. In general, the more cover the policy offers, the more expensive it will be. There are several different levels and types of health insurance for you to choose from. So, the first step is deciding what cover you need and how much that will cost. Our comparison tool is ideal for working this out, so don’t hesitate to give it a try.

Pre-existing health conditions

If you have a pre-existing health condition, such as diabetes or asthma, you may be looking for a policy that will cover your treatment. Many insurance companies will exclude existing health conditions from your cover, meaning they won’t pay for your treatment or care if it is related to this pre-existing health condition. However, some companies will cover you for existing conditions for an additional cost. So, it is worth finding out if this is the case for your condition and considering whether the additional fee will balance out the cost of your treatment.

Family plans

Are you planning on starting or expanding your family soon? This is an important factor to consider but it is often overlooked. If you are hoping for a baby, it’s a good idea to check what sort of maternity care different policies offer, as treatments for some conditions that develop during or as a result of pregnancy can be quite costly. It’s also a good idea to start your new policy before you fall pregnant, as some providers will be reluctant to cover pregnant women.

What do you want to be covered?

Finally, decide what you most want to cover. If you only want to be covered for hospital stays and inpatient treatment then a basic health insurance policy will meet your needs. However, if you want to benefit from continued care after your stay, such as quality rehabilitation or physiotherapy, you will need a higher-level policy.

For help finding the senior citizen health insurance policy for you, browse our comparison site today.

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Found a better insurance quote? What should you do next?

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Whether it’s home, health, medical, travel, or car insurance, it’s important to regularly check the marketplace for quotes. Many people make the mistake of getting locked into insurance premiums because they think getting new quotes is a long and difficult process. It isn’t with a specialist insurance comparison website like Compare Insurance, as you can get a range of quotes in seconds.

But when you’ve got them, what should you do about it?

Let your insurance company know

When you find a better quote, you should tell your insurance company. It’s essential that no matter what kind of insurance policy you’re searching for that you find like for like quotes. If you can find a lower quote from another company to provide the same level of cover you’re currently getting, let your insurance company know about it. They will either try and match that offer, or they will try and offer some other incentives to keep you as a customer of theirs. In the worst-case scenario, they may do nothing, but that means you still have the option of swapping to the cheaper provider or a better health plan. This means it’s a win/win scenario for you, whichever way you look at it.

When should you look for new quotes?

It makes the most sense to start trying to find new insurance quotes towards the end of your insurance coverage period. If you signed a contract for a certain amount of time and at a certain price, there’s not much that can be done about it. When your time for renewal gets closer, however, you should start thinking about finding quotes from other insurance providers. This means you have more leverage when it comes to negotiating a fresh deal with your current provider, and it also makes it easier to transfer to a new insurance provider.

How do you find new insurance quotes?

Finding the best holiday insurance insurance quotes couldn’t be easier. All you need is a specialist comparison tool like you’ll find at Compare Insurance. Just put in your details and the kind of cover you’re looking for, and in seconds you’ll have a range of insurance quotes from many different providers. Get in touch with our team today to learn more.

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Health Insurance

What do the different types of health insurance mean?

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In some parts of the UAE, such as Abu Dhabi and Dubai, it is a legal requirement for residents to have health insurance. For the majority of people, health insurance is acquired through an employer, however, that is not always the case. So, here is a guide to the different levels and types of health insurance providers available:

What levels of health insurance are there?

There are three levels of health insurance to consider when comparing policies: basic, medium and comprehensive. There are usually price differences between the different levels, but this is because they offer different amounts of cover for healthcare-related costs. In general, the more you pay, the more cover you have.

A basic health insurance policy will cover you for treatment and related costs if you’re an inpatient in a hospital. A medium-level policy includes everything covered at a basic level, as well as outpatient care on top of that. A comprehensive insurance policy offers the highest level of cover. These types of policies include everything covered at a basic or medium level, plus cover for mental health and physiotherapy. Weighing up the amount of cover you need and how much you can afford to pay is a key way of choosing the right health insurance policy for you.

What types of health insurance policy are there?

As well as a range of levels, there are a variety of health insurance policies intended to cover different people. This means you can choose between an individual, joint, family or child policy, depending on your situation and needs. For example, taking out a joint policy to cover a couple will likely be better value for money compared to taking out two individual policies. Similarly, if you’re planning on expanding your family with a child, you may want to consider a family or child health insurance policy to prepare for their arrival.

If you’d like to know more about the different types of health cover available in the UAE, contact us today. A member of our team will be happy to help you compare policies and find the best medical insurance for parents.

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Health Insurance

Understanding health insurance in UAE: what you need to know

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The UAE has its own health system which is government-funded. However, it is also mandatory for UAE residents to take out health insurance, which is typically done via an employer. While this minimum-limit coverage, as defined by the government, provides useful protection in the event of illness or injury, it’s also a good idea to consider taking out a private policy in addition to mandatory insurance. Here’s why:

1) Faster treatments

With mandatory health insurance and medical coverage, you may be placed on a waiting list for treatment. During this time, your condition could get worse. With private health insurance, you can expect to be fast-tracked as soon as you make an appointment, as both diagnosis and treatment times are much quicker when attending a private hospital or clinic.

2) Private rooms

If you require a short stay in the hospital, you may feel like you want privacy during your convalescence. This is not guaranteed under mandatory health insurance. When you choose a private health insurance policy that stipulates that a private room will be guaranteed in the event of requiring a hospital stay, you can have the peace of mind that you’ll be able to recover in a more discreet and comfortable environment.

3) Value for money

In comparison to other countries, the cost of private health insurance is significantly less in the UAE. This is because things like surgical operations and treatments are cheaper. With a health insurance policy, you can expect to get the best possible treatment when you need it, without having to worry too much about the overall cost.

4) Access to more treatments and prescriptions

Some drugs and operations are not available with mandatory health insurance. To ensure access to the treatment you need, it is important to have a private health insurance policy with adequate cover.

5) Lots of options

When choosing private health insurance in UAE, you can select from policies that cover you within your city of residence, or plans that cover you for the whole UAE. If your occupation doesn’t involve much travelling, a city-wide plan could help you to save money. If you require nationwide coverage, you’ll be able to find a health insurance plan that suits your lifestyle.

If you’d like to know more about health cover in UAE, please feel free to contact us today. A member of our team will be happy to help you find the most suitable deal.

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Health Insurance

3 reasons young adults should invest in health insurance

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When you think about the best individual health insurance, it might seem like something only older generations have to worry about. After all, if you are young, fit and healthy, chances are good that you won’t ever need one of these policies. However, there are several reasons why you should consider taking out health insurance, no matter your age.

1. Tragedy can strike at any time

Although you may be in good shape now, the truth is you can never predict what is going to happen. Young people are not immune, and an unexpected illness could befall you at any time. Unfortunately, there are so many cases where perfectly healthy people are suddenly faced with an unforeseen affliction, or they may be involved in an accident that could simply never have been predicted. Getting health insurance can protect you from these unexpected costs and cover any out of the blue expenses.

2. You’ll enjoy other benefits

Most health insurance policies come with a wide range of benefits for the holder to enjoy. You could qualify for free annual health checks, store discounts, cinema tickets, rewards programmes, specialist treatments and more. When you factor in all of these savings, the policy pays for itself. Even if you think you will never need to claim, it is worth having the safety net and benefits that come with it.

3. The costs will be lower

The younger you are, the cheaper your insurance premiums will be. That means if you are young, fit and healthy, you’ll likely be offered a range of competitive quotes that may be more affordable than you first expected. Companies also usually offer different plans according to your needs, with lower-tier plans offering less expensive monthly fees. If you know you don’t need your policy to cover much, you can opt for a cheaper plan to suit you to get health insurance.

Health insurance may not be a priority for young people, but the benefits of holding a policy far outweigh the costs involved. Compare Insurance can help you find the best health insurance deals today; browse our website or contact us for more information.

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Health Insurance

Can you get health insurance with pre-existing conditions?

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If you have pre-existing conditions, the thought of trying to find private medical insurance can be daunting. Whether you have a heart condition, diabetes or something else, it can be a worry whether an insurer will insure you. Even if you find the right company, you may be concerned that your conditions will push up the price of your premiums. So, what is the situation for people with pre-existing conditions that need to find the right health insurance?

Is health insurance available for people with pre-existing conditions?

The short answer is yes, you can get long term health insurance if you suffer from one or more pre-existing conditions. Many insurers will still cover you for new conditions, however, you may find that your insurance company places several restrictions on what they will and will not pay out for if you require treatment.

What are pre-existing conditions?

Pre-existing conditions include any medical-related problem that you have sought treatment for in the past. It incorporates any treatments that were provided by NHS services or by private clinics and can refer to medication, medical consultations and surgeries. The majority of insurers refer to pre-existing conditions as any medical issue for which you have had treatment within the past five years, although this time period can vary from one company to another.

Therefore, if you have suffered from an illness more than five years ago and have not sought treatment within the past five years, many insurance companies may not classify it as a pre-existing condition. Common pre-existing conditions include hypertension, diabetes, heart disease, cancer, strokes and arthritis. If you have one of these or another pre-existing condition, an insurance company could still give you a policy but will probably not pay for treatment concerned with a chronic condition.

Does it cost more to get insurance with a pre-existing condition?

As many insurance companies exclude pre-existing and chronic conditions from the cover provided by their policy, it is unlikely that your conditions will increase the price of your policy. However, there are some policies that will include your pre-existing conditions in their cover when you pay higher premiums. If the cost of treatment for your pre-existing conditions is high, then paying a little extra for your premiums may be worth it.

Find the right insurer for your needs at Compare Insurance and find health insurance agents near me today.

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Health Insurance

What are star ratings and what do they mean for your medical insurance?

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Many insurance products are independently rated, but what really is the difference between a four-star and a five-star policy?

For private medical and personal health insurance, ratings range from one to five. They aim to make it easier for customers to choose a product based on the features offered and not just the price.

What are insurance star ratings?

The star rating is not a reflection of customer satisfaction or necessarily a perception of the insurance product’s quality.

The star rating is based on the key features and benefits of the product. Star ratings also take into account any optional add-ons and extras offered with each policy.

A one-star rated product will be more basic than that with five stars.

Who provides star ratings of insurance products?

There are several independent insurance rating companies around the world. One of the most common is Defaqto.

Defaqto is an independent research company focussing on financial products.

They have worked with The Association of Medical Insurance Intermediaries to determine each health and medical insurance category.

What does each star rating mean for medical insurance?

A lower star rating does not necessarily mean that an insurance product is inferior to one with a higher star rating.

Each person will have different requirements from a medical insurance policy. It may be that a lower star rating suits your needs just fine. With insurance, you need to ensure you have just the right cover level for your own circumstances. More features than you need, and you will simply pay too much. Few features than you need, and you be at risk if something goes wrong determines health insurance cost.

However, you should remember that medical insurance is a complex product. You will benefit from seeking expert advice before choosing a healthcare insurance policy.

Defaqto assesses some 30 to 100 factors to determine a star rating, depending on the particular product.

There are several core criteria that a health insurance product must feature to receive a five-star rating. The core criteria include cancer care, inpatient and outpatient services.

Star ratings make it easy to compare products at a glance. However, if you need advice or are unsure of the features of any medical insurance policy, contact our friendly experts today

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Health Insurance

Top 3 factors which affect the cost of health insurance

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There are various types of insurance you can take out in the UAE to stay safe from what life throws at you. One of the most important is health insurance. This type of short term medical insurance covers you against illness and helps pay for any treatment you might need. There are lots of companies around the UAE that offer health insurance and most will quote a different price for your monthly premium. This is because there are various critical factors that affect how much your cover will cost.

But what are the top 3 to know about?

Level of cover

For any type of health or medical insurance, the level of cover you require is vital. This is because the more cover you wish to be insured for, the greater the costs any insurance company could face if you fall ill. More comprehensive cover for example might see the insurance company pay for hospital treatment plus outpatient care or physiotherapy. It is only common sense therefore that this sort of policy costs more to take out than more basic packages.

Age

Although this might not sound fair, to begin with, you will usually pay more for your health insurance as you grow older. This does make perfect sense when you consider it more though. The simple truth is people tend to need more medical care as they age. This means that the insurance company will normally incur more costs from an older person, compared to a younger one. These increased costs are then reflected in the amount older people have to pay for cover.

Location and smoker status

As well as age, a few other personal details usually come into play. Your smoker status is certainly one and will have an impact on how much any policy costs. This is purely down to the health risks smoking brings and the chances of smokers needing more medical care than non-smokers.

Although you might not think it, where you live is also key. If you live somewhere with clinics/hospitals close by for treatment, the financial cost of getting you there is lower. This naturally sees your premium come down compared to someone who lives far away from the closest hospital.

Get the best UAE health insurance quotes with Compare Insurance

Of course, the other major factor which influences health insurance costs in the UAE is who you take it out with. All medical health insurance companies will have different deals and this makes finding the best value one crucial. Rather than spending hours trawling the internet to do this, let Compare Insurance help instead. We bring together the best UAE health insurance quotes in one handy place. Browse our website or contact us today for more details.

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