Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

A Journey into the World of Insurance

By Elissa Joyce Subscribe to RSS | February 1st 2012 | Views:

Advancement in ways of life has led to some sophistication on the means of acquiring basic human needs. People’s lifestyles in the 21st century are a world of difference from the ways of life of persons who lived in the 18th and 19th century. In medicine new maladies have come up, and with them, medicine has seen profound advancement.

Recent times have witnessed strange medical conditions, giving rise to a need for insurance coverage. This has fueled the health insurance industry’s growth, as they hand out policies to provide coverage for their customers.

All this is happening in a health sector that was much ignored in the past because of reasons such as:

1. A general notion that it was expensive and meant only for a certain class of persons.

2. Naivety of the public with regards to the importance of taking insurance cover.

3. The poor image that was created by pioneers in this field. Most of them never used to pay up for some insured risks.

4. There were long periods and too many procedures that were undergone in the name of formality, before one was compensated for a loss suffered.

5. The tight budget that a high percentage of the public lived on did not allow them to spare funds to buy insurance policies.

6. Many limitations were placed on the kinds of risks that could be insured and the persons eligible for coverage.

7. There lacked enough expertise in the field of insurance, which made some players monopolize the sector.

The times have changed for better. The high literacy levels among the public has led to proper public awareness on the importance of insurance. High literacy levels have also brought about enough expertise in this sector of health, hence breaking the previously intolerable monopoly.

The amounts of premiums chargeable have been reduced, with an aim of inviting policy holders to certain insurance companies. Insurance companies have also come up with a wider range of risks that can be covered.

This has been diversified from the traditional individualism in coverage, to a whole family coverage perspective, making the dream of having an affordable family insurance become a reality. It entails a family bread winner being able to protect themselves as well as their families with a single insurance policy. The amount of premium to be paid, therefore, becomes less. This is as opposed to a situation where they would have to pay for each family member separately.

Having affordable health coverage is everyone’s wish. In respect to this, there are various considerations for policy holders, before they have to settle on particular insurance companies. This has kept many insurance companies on their toes, trying to come up with policies that are cheap and convenient for policy holders.

With many people struggling to have the best out of life, their health becomes something of immeasurable value. There have been significant achievements in the insurance cover journey. These include the fact that there are diverse insurance policies that one may choose from. Also, there are many players in the insurance industry and this, therefore, makes the various policies affordable. Moreover, insurance covers are now not limited to individuals hence they can be taken for a group including the whole family.

Elissa Joyce - About Author:
Make sure you are not left behind. Learn more about affordable family health insurance or affordable health coverage, and take you cover. Visit

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:

Related Business Articles Subscribe to RSS

What is olive oil? What are olive and oil benefits for our health?
Published by Oliveoil on February 17th 2012 | Business
Here we should point out that especially the Greek olive oil contains much higher amounts of antioxi...
Professional liability insurance
Published by Francesca on December 1st 2011 | Business
More and more professionals and companies decide to protect themselves by insuring themselves with a...
Where to search for the best car insurance quotes?
Published by John Nikolas on November 30th 2011 | Business
Are you looking for good car insurance quotes? If so then internet is the best place that can help y...
Fast and efficient insurance verification services for healthcare facilities
Published by Outsource Strategies International on January 12th 2012 | Business
Fast and efficient insurance verification services for healthcare facilities simplify the workload o...
James Zadroga health and compensation Act attracted Asbestosis victims
Published by Jennifer Weinstein on January 8th 2012 | Business
The James Zadroga 9/11 health and compensation act came as a relief to all those who were bearing th...
Basic information about public liability insurance
Published by Lauraallen on April 3rd 2012 | Business
You can understand the importance of public liability insurance only when you face bad time in your ...
Compare auto insurance quotes via internet- safety measures:
Published by on April 4th 2012 | Business
Selecting effective and affordable car insurance might not be an easy task, but you can simplify it ...
Top facts – California auto insurance
Published by Auto Insurances on January 14th 2012 | Business
The grade point averages of the youngsters in the family will be quite attractive enough to get the ...
Understanding critical illness insurance and its technicalities
Published by Julia Roger on May 10th 2012 | Business
Those persons, who have kids, should look for those insurance plans under the critical illness insur...
The health benefits of E Cigarettes
Published by Mary Porter on June 18th 2012 | Business
Since smoking has been banned in public places such as bars, pubs and restaurants smokers find it ha...
Protect your health and general well being with sound proofing from a Quieter Life Ltd.
Published by Mary Porter on June 15th 2012 | Business
In today’s fast paced life with industry and road use on the increase noise pollution can be a maj...
Battle your health problems with the help of Zadroga claim
Published by Jennifer Weinstein on January 15th 2012 | Business
With the help of Zadroga claim, the victim would be able to present their loss report and get the co...
Medical supply is a critical part of health care services
Published by Chooseems on July 20th 2012 | Business
The health care issues arising all over, a scenario like this, demands for a good medical supplier a...
Medical billing service: Secret behind health care institutes’ top level service
Published by Activemds on April 17th 2012 | Business
Around the world, medical and health care service of United States is appreciated for its quick and ...
Europe wide insurance for motorbike breakdown cover
Published by Tom Green on May 16th 2012 | Business
This article is about the different types of breakdown cover available across Europe for Motorcyclis...
Organo gold coffee health benefits with a rich taste
Published by Jamessms on January 25th 2012 | Business
Organo gold coffee is the supreme coffee experience gotten with the presence of Ganoderma Lucidum. T...
Dental insurance billing services help maximize revenue
Published by Outsource Strategies International on February 3rd 2012 | Business
Dental insurance billing can help dental practices streamline their revenue cycle. Proper dental ins...
Second hand bicycles offer health aid to be always fit
Published by Bicyclesuk on April 2nd 2012 | Business
There are several bicycle stores that sell second hand bicycles, & it is the most excellent method t...
Get hassle free approach to grab best auto insurance deals
Published by Mike Stover on December 29th 2011 | Business
Searching and then finalizing the best auto insurance is a tough and big job. You need to be very ca...
Home medical equipment monitors your every health problem
Published by Chooseems on June 19th 2012 | Business
Purchasing home medical equipments offers surplus vantages that can never compared with any other. I...