the pursuit. Even if the cyclist is the perfect driver, observant of
all laws and careful with the road conditions, things can happen. Most
times, it's another driver that causes the problem, but who is at
fault isn't the primary concern when injuries take place. It is at
these times the smart motorcyclist is the one that happens to have not
only good motorcycle coverage, but also a solid health insurance
policy.
Injuries related to motorcycle accidents can be severe. Since the
driver isn't protected from head to toe by a car's body, there can be
sliding, scraping, crushing and other types of damage. Recuperation
can be long and costly.
The best way to make sure you're prepared for the worst is to be
certain you have a good policy. Whether it's one provided by your
employer or a private purchase plan, there are some basics about
medical insurance anyone - a motorcyclist or not - should understand.
Many plans come with a deductible. This is the amount of money that
has to be paid before the policy can be used. Generally, the lower the
better for medical insurance. And, in some cases, the personal injury
protection or PIP deductible on a motorcycle policy itself can be
higher if a good health plan will supplement. Deductibles can be per
incident in the case of motor policies or annual.
Co-insurance involves cases where two policies come into play. This is
common in motor vehicle related accidents. One plan may pay first or
be the lead payer while the other one picks up where the first left
off. Doctors' offices and medical facilities generally can help the
insured figure who which has to pay what.
A co-payment is a set amount a person insured under a medical policy
has to pay per visit to a doctor, hospital or other facility. The
amount remains the same regardless of the status of the deductible.
Most medical insurance companies set an out-of-pocket maximum for
their clients on an annual basis. This is the total amount of money
out of pocket a person will be asked to pay in any given year. Once
this amount is met, the insurance generally kicks in at 100 percent,
minus the deductible amount. This, of course, does not include premium
expenses either.
The lifetime max on a policy is something to consider as well. Since
accidents can be costly, the figure is worth keeping in mind.
Generally, policies offer a lifetime max of about $1 million. This
means once that figure has been met, the policy typically won't cover
anything else.
Of particular concern to cyclists is the exclusion clause of a policy.
This will tell the insured what is not covered by the policy. In other
words, it's the fine print.
Generally, those who have a good motor vehicle policy and good medical
insurance can rest assured their needs will be met if an accident does
take place. Shopping for health insurance and auto insurance, however,
should be a deliberate process.
#1 Resource
motorbikeinsurancehq.com Motorcycle insurance
No comments:
Post a Comment